$CAKE is trading near 1.887, holding firm after a clear intraday pullback and base formation. On the lower timeframes, price is defending the 1.88–1.882 demand zone, with higher lows starting to form. Selling pressure is slowing, and recent candles suggest buyers are stepping in. A clean push above near resistance can unlock a sharp continuation move.
Trade Setup
• Entry Zone: 1.880 – 1.890
• Target 1 🎯: 1.915
• Target 2 🎯: 1.955
• Target 3 🎯: 2.020
• Stop Loss: 1.860
If CAKE breaks and holds above 1.91 with volume, momentum can expand quickly toward the higher targets. Structure favors a relief rally as long as the demand zone remains intact.
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CAKE
1.933
+2.32%
