🚀$CAKE
CAKE ALERT: Major Rally – Key Levels to Watch! 🎂📈
CAKE/USDT is on fire, currently trading at $4.121, up an impressive 35.83% in the past 24 hours. After hitting a 24-hour high of $4.515, CAKE is showing strong bullish momentum and drawing significant trader attention.
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Key Levels to Monitor:
Resistance: $4.515 – Breaking above this level could open doors to $5.00, $5.50, or even higher in the short term.
Support: $3.577 – Holding above this level is crucial to maintain the uptrend. A break below might trigger a pullback toward $2.950.
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Trade Strategy:
Bullish Scenario: If CAKE sustains momentum above $4.515, expect continued upside with potential gains fueled by increasing volume.
Bearish Scenario: A rejection at resistance could lead to a correction toward $3.577, offering a possible reentry point for long-term buyers.
⚠️ Volatility is high, so risk management is key. Confirm breakout moves before entering trades.
