$CAKE RETESTING FOR A SWEETER BREAKOUT? ๐ฐ๐
$CAKE bounced from the $2.25 low and surged to $2.41 before pulling back slightly to retest near the 50MA support ($2.31). With price now pushing back up from $2.35 and reclaiming short-term MAs, momentum could shift bullish again. A break above $2.41 may lead to acceleration toward the 100MA at $2.414 and beyond.
๐ Trade Setup:
Entry Zone: $2.33 โ $2.36
TP1: $2.41
TP2: $2.47
TP3: $2.55
Stop Loss: $2.29