$CAKE /USDT – SUPPORT BREAK JUST HAPPENED
SHARP SELL-OFF BELOW $2.00
NO STRONG DEMAND ZONE SEEN
SELL VOLUME BUILDING STEADILY
$CAKE has broken below the psychological $2.00 level after days of sideways distribution. A clear shift in volume and trend direction now favors continued bearish momentum as $1.979 gets retested.
🔴 Short Trade Setup:
• Entry: $1.985 – $2.00
• Take Profit: $1.91
• Stop Loss: $2.07
Market Outlook: Without immediate recovery above $2.05, further decline is likely. Current trend remains heavily in favor of bears.
#CAKEUSDT #BinanceFutures #BearishTrend #CryptoSignals #AltcoinDump