$CAKE / USDT – Short-Term Outlook

$CAKE is trading near $1.55 with price action consolidating around the current liquidation level.

Entry Zone: $1.54 – $1.56

Bullish Confirmation: Above $1.59
Bearish Confirmation: Below $1.51

Targets:
TP1: $1.50
TP2: $1.46
TP3: $1.42

Stop-Loss: $1.62

The reported short liquidation level is $1.55 with $2.4552K in liquidations. Volume around $1.55 may help confirm whether buyers or sellers take control.

$CAKE

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