$CAKE is trading near a pressure area where weak bounces often get sold quickly.
$CAKE is stuck below resistance, and that keeps sellers slightly in control.
Setup SHORT $CAKE (max 10x)
๐ฏ Entry: 2.316 - 2.344
๐ SL: 2.353
โ TP1: 2.293
โ TP2: 2.261
โ TP3: 2.228
โข Fresh 24h volatility is creating a cleaner setup
โข Relative volume is keeping this chart active on watchlists
Would you fade the bounce on $CAKE , or wait for the breakdown?
Trade $CAKE here ๐
#CAKE #MarketStructure #TradingSetup
$CAKE is stuck below resistance, and that keeps sellers slightly in control.
Setup SHORT $CAKE (max 10x)
๐ฏ Entry: 2.316 - 2.344
๐ SL: 2.353
โ TP1: 2.293
โ TP2: 2.261
โ TP3: 2.228
โข Fresh 24h volatility is creating a cleaner setup
โข Relative volume is keeping this chart active on watchlists
Would you fade the bounce on $CAKE , or wait for the breakdown?
Trade $CAKE here ๐
#CAKE #MarketStructure #TradingSetup