$CAKE CAKE/USDT – Bullish Reversal Building Momentum
📍 Timeframe: 15 Minutes
💰 Current Price: 2.655 USDT
📉 Previous Low: 2.580
📈 Potential Target Zone: 2.750 – 2.800
Market Overview:
CAKE/USDT is showing a bullish reversal structure after a significant downtrend. Price has successfully rebounded from the 2.580 support zone, forming a series of higher lows and breaking through short-term resistance around 2.640 — signaling a possible trend shift in favor of buyers.
Bullish Confirmation:
The current momentum indicates buyer strength re-entering the market. As long as the price holds above the 2.640–2.620 support range, the pair remains positioned for a bullish continuation toward the next resistance zone.
🎯 Upside Targets:
TP1: 2.700 – Short-term breakout level
TP2: 2.750 – Key resistance zone
TP3: 2.800 – Extended bullish target