📍 Entry Zone: $2.030 – $2.055
🛑 Stop-Loss: $1.970
🎯 TP1: $2.120
🎯 TP2: $2.200
🎯 TP3: $2.290
Market Analysis:
CAKE's short liquidation near $2.04438 makes this zone important for monitoring liquidity and potential bullish continuation. Holding above $2.03, combined with stronger buying volume, could support a move toward $2.12. A clean break above resistance would improve the chances of reaching the next upside targets.
⚠️ Invalidation: A sustained breakdown below $1.970 invalidates the long idea. Wait for support confirmation instead of entering impulsively.
#Bitcoin midterm election pattern
