🔻 $CAKE /USDT – BEARISH MOMENTUM ALERT 🔻

$CAKE is under heavy selling pressure after failing to stay above the 2.50 mark. The pair has slipped to 2.48, with strong bearish candles showing sellers remain in full control. If the 2.42 support breaks, we could see a sharper drop in the near term.

📉 Trade Plan:

Entry (Short): 2.48 – 2.49

Target (TP): 2.42

Stop Loss (SL): 2.52

📊 Market Outlook:

The short-term trend is clearly bearish, with downside momentum building. Still, if buyers manage to hold the 2.42 support, a rebound toward 2.55 remains possible. Keep an eye on this key level for the next move.