CAKE is perched just below the 3% drop zone on the 1‑hour, hugging the recent swing low after a 4% dip. Volume is thinning, setting the stage for a decisive move.
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🔴 $CAKE SHORT 📉
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📍 Entry Range: $2.3034 – $2.3080
🛑 Stop Loss: $2.3749 (-3.0%)
🎯 TP1: $2.2711 (+1.5%)
🏆 TP2: $2.1904 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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The market structure break on the 1‑hour gave a CHoCH, and the CVD turned negative confirming the sell pressure. A fair value gap lines up with a strong order block, creating a POI where the OB and FVG overlap, so the short bias is reinforced.
A 3.0% stop is fairly tight on this swing, so using 3‑5× leverage keeps risk manageable.
Take half profit at the first target around 1.7‑to‑1 reward before letting the remainder run.
Not financial advice — always manage your own risk 🙏
$CAKE #CAKEUSDT #MARS #TradingSignals #Write2Earn
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🔴 $CAKE SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $2.3034 – $2.3080
🛑 Stop Loss: $2.3749 (-3.0%)
🎯 TP1: $2.2711 (+1.5%)
🏆 TP2: $2.1904 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
The market structure break on the 1‑hour gave a CHoCH, and the CVD turned negative confirming the sell pressure. A fair value gap lines up with a strong order block, creating a POI where the OB and FVG overlap, so the short bias is reinforced.
A 3.0% stop is fairly tight on this swing, so using 3‑5× leverage keeps risk manageable.
Take half profit at the first target around 1.7‑to‑1 reward before letting the remainder run.
Not financial advice — always manage your own risk 🙏
$CAKE #CAKEUSDT #MARS #TradingSignals #Write2Earn