🚨 BEARS CLAMP DOWN ON $CAKE AS OVERHEAD SUPPLY WALL THREATENS A FLUSH! 📉
Entry: 2.232–2.234 ⚡
Target: 2.220 🎯
Stop Loss: 2.243 🛑
Sellers are drawing a firm line in the sand around 2.242 resistance, absorbing bids and setting up a clean rollover inside the 2.232–2.234 supply pocket. 📉
Momentum favors the downside as long as that ceiling holds, clearing a direct path toward liquidity pockets at 2.220 and 2.211 before reaching extended shelf demand at 2.201. 📌 Discipline remains key here—protect the trade, respect invalidation at 2.243, and avoid chasing late fills down the board. 💡
💬 Are you executing this short from the supply zone or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CAKE #ShortSetup #Trading #Altcoins #Crypto
🎯 🐻
Entry: 2.232–2.234 ⚡
Target: 2.220 🎯
Stop Loss: 2.243 🛑
Sellers are drawing a firm line in the sand around 2.242 resistance, absorbing bids and setting up a clean rollover inside the 2.232–2.234 supply pocket. 📉
Momentum favors the downside as long as that ceiling holds, clearing a direct path toward liquidity pockets at 2.220 and 2.211 before reaching extended shelf demand at 2.201. 📌 Discipline remains key here—protect the trade, respect invalidation at 2.243, and avoid chasing late fills down the board. 💡
💬 Are you executing this short from the supply zone or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CAKE #ShortSetup #Trading #Altcoins #Crypto
🎯 🐻