Cena CakeDAO

🚨 CAKE/USDT IS APPROACHING A KEY WALL... BUYERS NEED CONFIRMATION 👀🔥$HNT $SKR $CAKE Guys... CAKE is showing strong short-term momentum, currently around $1.878, up 9.06%. But here's the tricky part... price is now getting close to the important $1.919 resistance, while RSI is already elevated. 👀 📊 MARKET OVERVIEW CAKE has pushed higher from the $1.713 area and buyers are currently controlling the short-term move. The RSI readings are: RSI(6): 74.86 RSI(12): 77.96 RSI(24): 73.94 All three are above 70, showing strong momentum... but also a market that is becoming overheated. Volume is active, so the reaction around $1.919 deserves close attention. ⚡ WHY THIS MATTERS The $1.919 level is the immediate battle zone. If buyers can break this resistance with strong volume and hold above it, CAKE could continue toward the next upside area. But if sellers defend $1.919, a short-term cooling move toward support becomes possible. 🎯 KEY LEVELS 🟢 Support: $1.733 📌 Current Price: $1.878 🔴 Resistance: $1.919 🚀 Next Upside Zone: $1.946 🕯️ LAST CANDLESTICK INSIGHT The latest price action remains bullish, but CAKE is now pressing into resistance after a strong move. With RSI(6) around 75, I wouldn't blindly chase the latest green candle. What I'd want to see is a strong candle close above $1.919, followed by price holding that level. A quick wick above $1.919 followed by rejection would be a warning sign instead. ⚠️ 📈 BULLISH SCENARIO If CAKE breaks $1.919 with strong buying volume and holds above the resistance... 🔥 Long Target: $1.946 A confirmed breakout could keep the short-term momentum moving higher. 📉 BEARISH SCENARIO If $1.919 rejects CAKE and selling pressure starts increasing... ⚠️ Short Target: $1.813 That would bring the nearby lower support area back into focus. 😳 BOTTOM LINE CAKE is looking bullish, but it's now sitting directly under a key resistance with RSI already overheated. 🔥 Break and hold above $1.919 = bullish continuation setup ⚠️ Rejection from $1.919 = pullback risk increases So... don't let the strong green move force you into a rushed entry. Let the price confirm the breakout first. 💡 PRO TIP Here's the candle trick I'd watch closely... Don't trust the first spike above $1.919. Wait for the candle to close. A close above $1.919 + strong volume + next candle holding above the level gives much stronger confirmation. A wick above resistance + immediate rejection can signal a breakout trap. 👀

$CAKE – Holding near a strong support zone, ready for upward move $CAKE LONG Entry: 1.7542 – 1.7574 Stop Loss: 1.6932 TP: 1.7808 - 1.8497 - 1.8935

$CAKE CAKE/USDT Upward Breakout ​CAKE accelerates +8.75%, pushing past resistance to mark a high of $1.819. ​Current Price: $1.801 ​Immediate Support: $1.749 (EMA5) | $1.708 (EMA10) ​Key Resistance: $1.819 | $1.880 ​Market Outlook: Consistent higher highs on the 4H timeframe with short-term EMAs sloping upward. Staying above $1.749 maintains the rally toward $1.880. $BTC $ETH

$CAKE – Pullback to a strong support zone in a mature uptrend $CAKE LONG Entry: 1.6556 – 1.6578 Stop Loss: 1.6236 TP: 1.6699 - 1.7064 - 1.7295

$STORJ $ANKR $CAKE I decided to try Warren Edward’s copy trading after seeing people share their results. Started with $800, and after about a month, I’m happy to have made my first successful withdrawal of $38,925. 📈💰 I’m grateful for the experience so far. Always do your own research and understand the risks before trading.