$CAKE USDT NEW LOWS AFTER BREAKDOWN – SHORT TRADE SIGNAL

$CAKE has broken down from its support zone with strong bearish candles, hitting a fresh low of $2.764. The aggressive selloff and failure to reclaim $2.79 confirm continued downward momentum. No bullish reversal is in sight, keeping sellers in control.

Trade Setup (Short Bias):

• Entry: $2.76 – $2.78

• Stop Loss: $2.81

• Target 1: $2.72

• Target 2: $2.68

• Target 3: $2.63

Outlook: As long as CAKE trades below $2.80, bearish pressure is likely to continue with lower support levels in sight.

#CAKEUSDT #BinanceFutures #ShortTrade #DeFiTokens #Write2Earn $CAKE