🚨 $CAKE REJECTS LOCAL HIGHS AS SELLER EXHAUSTION CRACKS THE CEILING! 📉
Entry: $2.3283 – $2.3371 ⚡
Target: $2.3000 / $2.2650 / $2.2332 🎯
Stop Loss: $2.4044 🛑
The aggressive bid driving $CAKE into overhead resistance just slammed into a heavy supply wall, leaving buyers stranded at the highs. 📉 Order flow reflects clear seller absorption, setting the stage for a cascading retest of lower demand zones. 📊
With distribution underway, a sustained slide into discount liquidity becomes the path of least resistance. 💡 💬 Are you leaning into the short side here, or waiting for bulls to attempt a relief reclaim? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CAKE #ShortSetup #Altcoins #Crypto #Trading
🎯 🐻
Entry: $2.3283 – $2.3371 ⚡
Target: $2.3000 / $2.2650 / $2.2332 🎯
Stop Loss: $2.4044 🛑
The aggressive bid driving $CAKE into overhead resistance just slammed into a heavy supply wall, leaving buyers stranded at the highs. 📉 Order flow reflects clear seller absorption, setting the stage for a cascading retest of lower demand zones. 📊
With distribution underway, a sustained slide into discount liquidity becomes the path of least resistance. 💡 💬 Are you leaning into the short side here, or waiting for bulls to attempt a relief reclaim? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CAKE #ShortSetup #Altcoins #Crypto #Trading
🎯 🐻