both 4hr chart and dweek chart promising, can it hit 4$ weekly 100ema as resistance and will it go for correction from there or up
Anasta Maverick
Nov 28, 2024
Bullish
🚀 $CAKE /USDT: Eyeing the Breakout – Targets in Sight! 🚀
$CAKE /USDT is trading at $3.212 on the 15-minute chart, steadily approaching its 24-hour high of $3.240. With immediate support at $3.13 providing stability, the chart signals bullish momentum building up for a potential breakout. Traders can consider entering at the current price of $3.21, aiming for short-term profit levels at $3.25, $3.30, and $3.35.
To mitigate risk, a stop-loss can be placed at $3.13. With rising RSI and improving market volume, CAKE shows strong potential for further upward movement. Keep an eye on key levels! #XRPMarketShift #BinanceHODLerTHE
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