$CAKE /USDT BULLISH SIGNAL IN PLAY
DOUBLE BOTTOM NEAR $2.13 SUPPORT 🟢
VOLUME PICKING UP SLOWLY 📊
CONSOLIDATION WITH HIGHER LOWS FORMING
$CAKE is showing signs of a potential reversal from the $2.13 support zone, forming a double bottom structure. Volume spikes at lows indicate buying interest, and price is stabilizing above the key $2.19 level, hinting at an incoming bounce.
🟢 LONG TRADE SETUP
Entry Zone: $2.18 – $2.21
Take Profit: $2.28 / $2.37
Stop Loss: $2.13
📈 Market Outlook: Holding above $2.13 could lead to bullish continuation. Momentum traders can watch for a breakout confirmation above $2.22 for safer entries.