CAKE is slipping below the 1‑hour 0.58 level, eyes on the next swing toward the 0.55 order block.
🔴 $CAKE SHORT 📉
Entry $2.2351-$2.2395 | SL $2.3044 (-3.0%) | TP1 $2.2037 (+1.5%) | TP2 $2.1254 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character broke the bullish swing, and the CVD turned negative confirming sellers. The fair value gap from the 0.60‑0.62 range aligns with a strong order block at 0.58, creating a POI where liquidity was swept.
A 3.0% stop is relatively tight on this swing, so keep leverage at or below 3x.
Take partial profit around the 0.55 level as the first target.
Not financial advice — always manage your own risk 🙏
$CAKE #CAKEUSDT #etheretfsextendoutflowstoninedays #TradingSignals #Write2Earn
🔴 $CAKE SHORT 📉
Entry $2.2351-$2.2395 | SL $2.3044 (-3.0%) | TP1 $2.2037 (+1.5%) | TP2 $2.1254 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character broke the bullish swing, and the CVD turned negative confirming sellers. The fair value gap from the 0.60‑0.62 range aligns with a strong order block at 0.58, creating a POI where liquidity was swept.
A 3.0% stop is relatively tight on this swing, so keep leverage at or below 3x.
Take partial profit around the 0.55 level as the first target.
Not financial advice — always manage your own risk 🙏
$CAKE #CAKEUSDT #etheretfsextendoutflowstoninedays #TradingSignals #Write2Earn