$CAKE is pressing higher with the 1H trend still firmly constructive. Momentum has the right shape, while ADX around 25 keeps the move from looking like a random spike.

Entry: 2.2308
TP1: 2.309525
TP2: 2.372506
SL: 2.152075

A clean continuation toward the upper targets would keep the bullish structure intact. I’d keep size controlled here and let the invalidation level do its job if momentum fades.