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BullishBanter
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Bajista$CAKE /USDT – Short Trade Signal
CAKE failed to hold above $2.77 and is now pulling back, showing signs of weakness. Bears are starting to step in, and the price is heading lower.
Trade Setup
Entry Zone: $2.69 – $2.72
Stop Loss: Above $2.78
Target 1: $2.63
Target 2: $2.55
Target 3: $2.48
Risk Management
Use only 1 to 2 percent of your capital. Stick to the stop loss. Once the first target is hit, move your stop loss to the entry point. Take partial profit step by step.
This setup is valid as long as the price stays below $2.78. Keep an eye on volume and momentum.
$CAKE
CAKE failed to hold above $2.77 and is now pulling back, showing signs of weakness. Bears are starting to step in, and the price is heading lower.
Trade Setup
Entry Zone: $2.69 – $2.72
Stop Loss: Above $2.78
Target 1: $2.63
Target 2: $2.55
Target 3: $2.48
Risk Management
Use only 1 to 2 percent of your capital. Stick to the stop loss. Once the first target is hit, move your stop loss to the entry point. Take partial profit step by step.
This setup is valid as long as the price stays below $2.78. Keep an eye on volume and momentum.
$CAKE
