CAKE just busted a higher high on the 5‑minute, now hovering near the 3.84 resistance. The next swing could push it toward the 3.92 zone.
🟢 $CAKE LONG 📈 — Trade Plan
• Entry: $2.5359 – $2.5409
• Stop: $2.4622 (-3.0%)
• Target 1: $2.5765 (+1.5%)
• Target 2: $2.6653 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A CHoCH on the 5‑minute signaled the break, backed by a CVD surge and a fresh FVG that lines up with the prior OB. Liquidity sweep took out the 3.78 stop pool, and the POI confluence of OB and FVG cements the entry.
A 3.0% stop is relatively tight for a volatile pair, so keep leverage at or below 5x.
Take half profit around the 3.92 target if price respects the next minor resistance.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$CAKE #CAKEUSDT #BOJHikesRatesTo31YearHigh #TradingSignals #Write2Earn
🟢 $CAKE LONG 📈 — Trade Plan
• Entry: $2.5359 – $2.5409
• Stop: $2.4622 (-3.0%)
• Target 1: $2.5765 (+1.5%)
• Target 2: $2.6653 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A CHoCH on the 5‑minute signaled the break, backed by a CVD surge and a fresh FVG that lines up with the prior OB. Liquidity sweep took out the 3.78 stop pool, and the POI confluence of OB and FVG cements the entry.
A 3.0% stop is relatively tight for a volatile pair, so keep leverage at or below 5x.
Take half profit around the 3.92 target if price respects the next minor resistance.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$CAKE #CAKEUSDT #BOJHikesRatesTo31YearHigh #TradingSignals #Write2Earn