Direction: Short
Entry Zone: $2.27–$2.31
🛑Stop-Loss: $2.37
TP1: $2.22
TP2: $2.16
TP3: $2.08
CAKE is approaching a key liquidity area around $2.27. If price fails to reclaim the $2.30–$2.37 resistance band, sellers may regain control. Confirmation should come from bearish price action rather than entering solely on the liquidation print.
Support: $2.22 / $2.16
Resistance: $2.31 / $2.37
Invalidation: A sustained breakout above $2.37 cancels the short setup. Use disciplined position sizing.
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