$CAKE is showing signs of a strong recovery! I’ll open a long position here, expecting the recovery to continue toward $2.23.
Entry: $2.121 – $2.131
Targets: $2.150 / $2.190 / $2.230
Stop loss: $2.053
After a sharp sell-off, $CAKE is recovering and recording higher lows. If buyers hold the $2.12 level, I expect another upward move toward $2.23.
The recovery still needs confirmation, so manage your trading risk carefully!