๐LONG: $CAKE (4H)
#CAKEUSDT | #CAKE | #PancakeSwap
Current Price $2.78
Market Cap $898.46M
Change 1h +0.21% | 24h +1.56%
Analysis:ย
The CAKEUSDT chart shows a clear uptrend, and it's a great time to consider entering. Buying now or at 2.6 seems strategic, with a solid stop-loss at 2.4 to manage risk. The setup looks promising for potential gains as it bounces off support levels.
Price Targets:ย
Targeting gains is key! Aim for the first take profit at 3.2, followed by a juicy second at 3.5. If momentum continues, the sweet spot could reach 4.0. Keep an eye on trends and adjust as needed for best results.
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