#Cake / #USDT (Futures with 10x Leverage) - SHORT Operation**
#### **📊 Key Data of the #Operation**
- **Mode:** **#short ** (Short Sell).
- **Entry Zone:** **$2.5966 - $2.6744** (Recommended limit orders).
- **Take-Profit (TP):**
- **TP1:** $2.5813 (-0.6% from low entry).
- **TP2:** $2.5265 (-2.7%).
- **TP3:** $2.4717 (-4.8%).
- **TP4:** $2.4169 (-6.9%).
- **Stop-Loss (SL):** **$2.7601** (+6.3% from high entry).
- **Leverage:** 10x (isolated).
- **Risk-Reward Ratio (TP4 vs SL):** **1:1.1** (adjustable according to management).
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### **📉 Market Context**
1. **Current Trend:**
- CAKE shows weakness in daily/4h charts, with key resistance at **$2.67-$2.76**.
- If the price rejects this zone, it would confirm a bearish structure.
2. **Supports/Resistances:**
- **Resistance:** $2.7601 (SL). A breakout would invalidate the short.
- **Supports:** $2.4169 (TP4) and $2.30 (next psychological zone).
3. **Key Indicators:**
- **RSI:** If close to 70 (overbought), strengthens sell signal.
- **Volume:** Increase in red candles would confirm selling pressure.
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### **⚖️ Risk Management**
- **Positioning:**
- Enter with **50% at $2.5966** and **50% at $2.6744** (averages risk).
- **Tiered Take-Profit:**
- Close **30% at TP1**, **30% at TP2**, **20% at TP3**, and **20% at TP4**.
- **Dynamic Stop-Loss:**
- Move SL to **$2.65** upon reaching TP1 (reduces exposure).
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### **⚠️ Key Warnings**
1. **10x Leverage:**
- A 10% move against the position would liquidate the capital.
2. **Volatile Altcoin:**
- CAKE may have liquidity spikes (avoid slippage in entries/exits).
3. **News/Events:**
- Monitor updates from PancakeSwap (burns, staking, etc.).