$CAKE
/USDT – BULLISH CONTINUATION SETUP
$CAKE is holding above a key demand zone after a healthy pullback, indicating strength and potential continuation to the upside. Structure remains bullish with price respecting higher support levels, suggesting buyers are preparing for the next move.
Trade Idea: LONG
Entry Zone: 2.12 – 2.16
Targets (TP):
TP1: 2.20
TP2: 2.28
TP3: 2.38
Stop Loss (SL):
1.99
Market Outlook:
As long as price sustains above the support zone, bullish momentum is expected to expand toward higher resistance levels. A clean breakout above near-term resistance can accelerate the move.
Risk Management:
Risk only 1–2% per trade, follow strict stop loss, and secure profits gradually at targets.
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