$CAKE building strong continuation momentum, ready to lock in a long position now.
Entry: 2.3300 – 2.3700
TPs: 2.4500 | 2.5400 | 2.6200
SL: Below 2.2200
Why Long?
CAKE is displaying a solid bullish surge following a strong rebound from the 2.1030 swing low, currently changing hands near 2.3717. The MACD lines are pushing upward cleanly into positive territory with supportive green histograms, while the hourly RSI hovers healthily around 67.9, indicating robust buying interest and pointing toward an extension past the 2.3917 local resistance barrier.
Entry: 2.3300 – 2.3700
TPs: 2.4500 | 2.5400 | 2.6200
SL: Below 2.2200
Why Long?
CAKE is displaying a solid bullish surge following a strong rebound from the 2.1030 swing low, currently changing hands near 2.3717. The MACD lines are pushing upward cleanly into positive territory with supportive green histograms, while the hourly RSI hovers healthily around 67.9, indicating robust buying interest and pointing toward an extension past the 2.3917 local resistance barrier.
