$CAKE has risen from its lowest point of $2.33 and faced some resistance around $2.70. The dip could present a good buying opportunity before further increases.
🔥 Trading Plan:
Entry Zone: $2.60 - $2.63 ( Current Low )
Target 1: $2.75 - Re-testing the recent peak
Target 2: $2.85 - Expansion breakout
Goal 3: $3.00 - Psychological Resistance
Stop Loss: $2.58 - Below the main support
💡 Professional Tip:
If $CAKE breaks the $2.70 level with strong volume, expect a swift move towards $2.85+. Watch for confirmation of high buying pressure.
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🚀 $CAKE/USDT - Potential breakout opportunity! 🔥
Current price: $2.632 (+7.82%)
24h High: $2.743 | 24h Low: $2.332
📊 Market Overview:
$CAKE has risen from its lowest point of $2.33 and faced some resistance around $2.70. The dip could present a good buying opportunity before further increases.
🔥 Trading Plan:
Entry Zone: $2.60 - $2.63 ( Current Low )
Target 1: $2.75 - Re-testing the recent peak
Target 2: $2.85 - Expansion breakout
Goal 3: $3.00 - Psychological Resistance
Stop Loss: $2.58 - Below the main support
💡 Professional Tip:
If $CAKE breaks the $2.70 level with strong volume, expect a swift move towards $2.85+. Watch for confirmation of high buying pressure.
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