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$CAKE
$CAKE dropped earlier toward 2.3700 but the reaction from that level was clean and strong. Buyers stepped in quickly, pushed the price back above 2.40, and now the structure is turning bullish with confident higher lows.
This kind of move normally leads to a continuation push upward.
Here is everything clear and simple.
$CAKE Key Details
Price sitting at 2.4072
Strong bounce from 2.3700
Higher lows forming on the 15m chart
Buyers stepping back with momentum
Next resistance sits at 2.4203 and then 2.4329
Your Trade Setup
Entry Point
2.40 to 2.41 zone
Target Points
TP1 2.420
TP2 2.432
TP3 2.450 if momentum continues
Stop Loss
2.3700
Reasons
Clean and strong reversal from the bottom
Momentum candles building upward
Short-term bullish structure forming
Buyers defending dips around 2.39–2.40
Clear upside room toward 2.43–2.45 levels
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