#CAKE/USDT LONGš¢
#CAKE. Sideways trend on the hourly chart. Can trade within its boundaries.
Recently tested the lower boundary. Currently attempting an upward bounce: opening a long position makes sense.
It's the weekend, so expecting quick results might not be realistic. We might see it play out in the weekdays.
ā¢ Opening position at $4.60 + averaging within $4.57 and $4.50.
ā¢ Profit-taking targets: $4.65 - $4.70 - $4.75 - $4.80 - $4.85.
ā¢ Stop just below $4.45. š°
