🚀📈$CAKE

CAKEUSDT

Perp

2.2124

-1.77%

BULLISH TECHNICAL ANALYSIS

$CAKE is showing a bullish setup as price holds above key support around $2.201. Buyers are gradually stepping in, forming higher lows and pushing momentum toward near-term resistance levels. The market structure suggests a potential continuation of the upward move if the current support remains intact.

Key Bullish Signals

• Support at $2.201 holding, confirming active buyer interest

• Higher-low formation indicating strengthening bullish momentum

• Gradual push toward resistance, showing controlled upward pressure

Targets (TP)

TP1: 2.320

TP2: 2.360

TP3: 2.400

Stop Loss (SL)

SL: 2.180

Risk Management

Risk 1–2% per trade and strictly follow stop loss levels to protect capital.

#CAKEUSDT #CryptoAnalysis #BullishTrend