$CAKE /USDT: Short-Term Bullish Trade Setup to Watch!
$CAKE is currently trading at $2.66, holding steady after recent upward movement. With resistance at $2.72 and strong support at $2.60, the stage is set for a potential bullish breakout. Traders might consider entering at $2.66, aiming for profit targets at $2.70, $2.75, and $2.80.
To manage risks effectively, placing a stop-loss at $2.58 is advised. This setup offers a favorable balance between risk and reward, making it an exciting opportunity for short-term gains. Monitor these key levels closely for the next move!
