CAKE is testing a bullish break above 4.12, eyes the next resistance at 4.45. Volume spikes hint at momentum building.
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🟢 $CAKE LONG 📈
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📍 Entry Range: $2.5937 – $2.5989
🛑 Stop Loss: $2.5184 (-3.0%)
🎯 TP1: $2.6352 (+1.5%)
🏆 TP2: $2.7261 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The market structure break on the 1‑hour chart gave a clear CHoCH, while the CVD turned positive confirming buying pressure. A fair value gap sits under the current price and overlaps an order block, creating a POI confluence, and a recent liquidity sweep forced weak shorts out.
A 3.0% stop is tight for 5x leverage, but acceptable if you keep position size modest.
Take half profit near the 4.30 target to lock in the initial R/R.
Not financial advice — always manage your own risk 🙏
$CAKE #CAKEUSDT #Ethereum #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🟢 $CAKE LONG 📈
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $2.5937 – $2.5989
🛑 Stop Loss: $2.5184 (-3.0%)
🎯 TP1: $2.6352 (+1.5%)
🏆 TP2: $2.7261 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The market structure break on the 1‑hour chart gave a clear CHoCH, while the CVD turned positive confirming buying pressure. A fair value gap sits under the current price and overlaps an order block, creating a POI confluence, and a recent liquidity sweep forced weak shorts out.
A 3.0% stop is tight for 5x leverage, but acceptable if you keep position size modest.
Take half profit near the 4.30 target to lock in the initial R/R.
Not financial advice — always manage your own risk 🙏
$CAKE #CAKEUSDT #Ethereum #TradingSignals #Write2Earn