🚀 LONG
$CAKE 💰 Entry: 2.3329
🛡 Stop-loss: 2.3077 (−1.1%)
🎯 Take-profit: 2.3833 → 2.3921
📈 A 43% lower wick just rejected the dip at EMA20 — sellers pushed, buyers shoved back, and the intraday low is now locked.
• EMAs stacked bullishly with a 5.8% spread — trend structure fully intact
• Price sitting right on EMA20, a shallow pullback into the trend baseline
• Long lower wick at 1.08x ATR range shows buyers actively defending the level
• CVD aligned with longs and OBI at 0.18 — order flow leaning with the bid
• 4H, daily, and Elliott structure all agree, with favorable R:R on the setup
⭐ Score 78.8/100 ★★★★☆
Watch for a candle close holding above EMA20, scale in on confirmation, keep the stop tight under the fresh swing low.
💬 Long
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