CAKE/USDT — Momentum Is Building Again

I’m watching $CAKE closely here. Price is around $2.3232, up 6.09% in 24H, and the 1H chart is trying to recover above the recent range.

Market Sentiment: Bullish, but confirmation is still needed.

Key Levels

Current Price: $2.3232

Resistance: $2.35–$2.36

Support: $2.20–$2.15

Entry Zone: $2.25–$2.30 on a clean retest

TP1: $2.36

TP2: $2.45

TP3: $2.55

Invalidation: Below $2.15

The main thing I’m watching is the $2.35 breakout. A strong 1H close above it could improve the momentum setup. If price gets rejected, the $2.20 area becomes important.

Debate: Can $CAKE break $2.35 next?

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⚠️ Personal analysis only. NFA — manage risk and DYOR.

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