$CAKE — SHORT SETUP
Entry: 2.25 – 2.26
SL: 2.39
TP1: 2.11
TP2: 1.97
Price is grinding into resistance with the bands stacked against it, so I'm leaning short here. If this zone cracks and buyers take control with conviction, the read's off—but for now the structure favors continuation lower.
Trade $CAKE here 👇
Entry: 2.25 – 2.26
SL: 2.39
TP1: 2.11
TP2: 1.97
Price is grinding into resistance with the bands stacked against it, so I'm leaning short here. If this zone cracks and buyers take control with conviction, the read's off—but for now the structure favors continuation lower.
Trade $CAKE here 👇