CAKE is ripping higher on the 4‑hour chart, the bulls have seized the swing and the price is perched just above the last swing high. Momentum is screaming for a breakout beyond the recent resistance.
🟢 $CAKE LONG 📈
Entry $2.3040-$2.3086 | SL $2.2371 (-3.0%) | TP1 $2.3409 (+1.5%) | TP2 $2.4216 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure break (CHoCH) lit up the chart, a liquidity sweep cleared the last sellers, and the CVD turned bullish confirming the flow. An order block sits right under the current price with a fair‑value gap overlapping, creating a POI confluence that nails the entry.
A 3.0 % stop is fairly tight, so keep leverage modest—around 2‑3× is prudent.
Take partial profit at the first target once price reaches the next resistance zone.
Not financial advice — trade only what you can afford to lose 🙏
$CAKE #CAKEUSDT #CPIWatch #TradingSignals #Write2Earn
🟢 $CAKE LONG 📈
Entry $2.3040-$2.3086 | SL $2.2371 (-3.0%) | TP1 $2.3409 (+1.5%) | TP2 $2.4216 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure break (CHoCH) lit up the chart, a liquidity sweep cleared the last sellers, and the CVD turned bullish confirming the flow. An order block sits right under the current price with a fair‑value gap overlapping, creating a POI confluence that nails the entry.
A 3.0 % stop is fairly tight, so keep leverage modest—around 2‑3× is prudent.
Take partial profit at the first target once price reaches the next resistance zone.
Not financial advice — trade only what you can afford to lose 🙏
$CAKE #CAKEUSDT #CPIWatch #TradingSignals #Write2Earn