CAKE/USDT SHORT
Entry Zone: 2.1750 – 2.2050
Take Profit 1: 2.1450
Take Profit 2: 2.1214
Take Profit 3: 2.0900
Stop Loss: 2.2350
CAKE is showing strong bearish momentum after falling from 2.4087. The price is trading below MA(7), MA(25), and MA(99), indicating seller dominance. A rebound toward the entry zone followed by rejection could provide a short opportunity. Avoid chasing the price after a sharp drop; wait for a pullback and confirmation.
$CAKE
Entry Zone: 2.1750 – 2.2050
Take Profit 1: 2.1450
Take Profit 2: 2.1214
Take Profit 3: 2.0900
Stop Loss: 2.2350
CAKE is showing strong bearish momentum after falling from 2.4087. The price is trading below MA(7), MA(25), and MA(99), indicating seller dominance. A rebound toward the entry zone followed by rejection could provide a short opportunity. Avoid chasing the price after a sharp drop; wait for a pullback and confirmation.
$CAKE