$CAKE /USDT — LONG
Short sellers on $CAKE were caught off guard by a sudden wave of liquidations, leading to a sharp upward squeeze.
▸ Entry Zone: 1.980 – 2.015
▸ TP1: 2.060
▸ TP2: 2.120
▸ TP3: 2.190
▸ Stop Loss: 1.940
The chart shows that immediate downside pressure has been exhausted. With trapped shorts out of the way, the path of least resistance points higher as buyers take control.