
$CAKE is trading around $1.454 after mild selling pressure, but price remains close to an important reaction zone where buyers could attempt to regain control.
EP
1.42 - 1.46
TP
1.50
1.57
1.65
SL
1.36
The $1.42-$1.46 region is the immediate battlefield. If CAKE stabilizes around this area and buyers begin absorbing supply, the first recovery target sits near $1.50.
Breaking above $1.50 could strengthen momentum and send price toward $1.57. A larger continuation could expose the $1.65 liquidity zone.
The recovery structure becomes invalid below $1.36.
CAKE is not showing heavy weakness, so a confirmed reaction from support could quickly shift momentum back toward buyers.
Let’s go $CAKE
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