$CAKE /USDT Trading Signal - Consolidation Before Breakout?
Entry Range: $2.310 - $2.330
Target 1: $2.360
Target 2: $2.400
Stop Loss: $2.280
Observation:
$CAKE /USDT is trading above the MA(25) and MA(99) on the 15-minute chart, indicating short-term bullish momentum. The price is approaching the 24-hour high of $2.362, and a breakout above this level could open the path toward $2.400. Support at $2.280 offers a key risk level to watch for potential downside.
Secure partial profits at Target 1 and trail your stop-loss for potential gains toward Target 2.
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