$CAKE / USDT – Buyers Regain Control After Short Squeeze
$CAKE experienced short-side liquidation worth around $3.00M near $1.897, allowing price to move higher as sellers were forced out. The move was absorbed well, suggesting real demand rather than a temporary spike.
Holding above support keeps upside momentum active.
Potential Entry Zone (Pullback):
$1.82 – $1.86
Upside Targets:
• Target 1: $1.98
• Target 2: $2.15
Protective Zone:
Stop-Loss: $1.72
Market Bias: Bullish
CAKEUSDT
Trvl
1.5457
-8.58%
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