$CAKE Swing Trade (4h–1D)
📊 CAKE USDT 🔴 SHORT 📉 🔥 💥 🚨
· Entry: Short on a rejection from 1.406 with bearish divergence on RSI.
🎯Target:1 1.371
🎯Target 2 1.350
· Stop-Loss: Above 1.415.
· Note: Only if broader DeFi news (AMA) fails to spark volume.
Volume Check: Ensure 24h Vol (USDT) > 1M for liquidity.
· News Catalyst: Monitor Binance AMA – positive news could break resistance; negative news could accelerate downside.
📊 CAKE USDT 🔴 SHORT 📉 🔥 💥 🚨
· Entry: Short on a rejection from 1.406 with bearish divergence on RSI.
🎯Target:1 1.371
🎯Target 2 1.350
· Stop-Loss: Above 1.415.
· Note: Only if broader DeFi news (AMA) fails to spark volume.
Volume Check: Ensure 24h Vol (USDT) > 1M for liquidity.
· News Catalyst: Monitor Binance AMA – positive news could break resistance; negative news could accelerate downside.