🚀 $CAKE /USDT TREND CONTINUATION
Current Price: 2.353
24H Move: +7.72%
CAKE is holding strong momentum around 2.35 after a positive daily move. Rather than chasing, the better idea is to watch the nearby support zone.
ENTRY ZONE:
2.30 2.34
CONFIRMATION:
Hold above 2.30 and reclaim 2.36 with volume.
TP1:
2.40
TP2:
2.48
TP3:
2.58
STOP LOSS:
2.24
If CAKE pulls back toward the entry area and buyers defend it, the continuation setup remains interesting. A clean reclaim of 2.36 would provide additional confirmation that momentum is returning.
TP1 can be used for partial profit. If price continues strongly toward TP2, protect the remaining position rather than allowing a winning trade to become a loss.
A decisive break below 2.24 invalidates the setup.
CAKE is a larger and more established asset than many low-cap momentum names, but that does not remove market risk. BTC conditions and overall market sentiment can still influence the move.
Trade the levels and respect the stop.
🔥 Patience creates better entries.
DYOR.
Let's go train now.
