$CAKE is trading below a live pressure zone, and failed bounces still favor the sellers here.
$CAKE ā Price is moving inside a weak range, and sellers still have the short-term edge for now.
Trading Plan SHORT $CAKE (max 10x)
šÆ Entry: 2.631 - 2.647
š SL: 2.665
ā TP1: 2.61
ā TP2: 2.588
ā TP3: 2.564
⢠Live range structure is still clean enough to plan around
⢠Confirmation matters more than chasing this move
Would you short $CAKE on rejection, or wait for the bounce to weaken first?
Trade $CAKE here š
#CAKE #PriceAction
$CAKE ā Price is moving inside a weak range, and sellers still have the short-term edge for now.
Trading Plan SHORT $CAKE (max 10x)
šÆ Entry: 2.631 - 2.647
š SL: 2.665
ā TP1: 2.61
ā TP2: 2.588
ā TP3: 2.564
⢠Live range structure is still clean enough to plan around
⢠Confirmation matters more than chasing this move
Would you short $CAKE on rejection, or wait for the bounce to weaken first?
Trade $CAKE here š
#CAKE #PriceAction