$CAKE /USDT – Strong Momentum Pushes Price Near Resistance! 🔥

$CAKE is trading at $2.281 with a +4.06% gain, charging upward with strong bullish candles on the 4H chart. The price is approaching the 24H high of $2.285, and momentum shows no signs of slowing down. Volume is steadily increasing, suggesting bulls are taking control after a clean reversal from $2.18 support. A breakout above $2.29 could trigger a fresh rally.

Trade Setup

Entry Zone: $2.26 – $2.29

Target 1: $2.35

Target 2: $2.42

Target 3: $2.50

Stop Loss: $2.18

📌 Pro Tip: Wait for a confirmed 4H candle close above $2.29 for breakout confirmation — don’t chase the wick!

$CAKE

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