šØ $CAKE /USDT SHOWS EARLY REVERSAL SIGNS! | BOUNCE FROM BOTTOM IN PLAY š°š„
After a strong dip to $2.160, CAKE is baking a comeback!
Current price is $2.243, with candles flipping green and reclaiming strength.
Price is moving above the mid-Bollinger band (MB: 2.218) ā a bullish momentum trigger.
Volume is supportive with 4.87M CAKE and over $10.8M USDT traded.
Rejection from upper BOLL (2.259) could lead to a short retest before liftoff.
Watch for a break above $2.260 to confirm further bullish action.
Recovery from the oversold zone hints at a shift in short-term trend.
Support holds strong at $2.160, creating a reliable base.
Buyers showing up again after long red streaks ā time to ride the reversal!
šÆ Take Profit Targets:
⢠TP1: $2.275
⢠TP2: $2.330
⢠TP3: $2.402
š Stop Loss: $2.147 (below recent low)