CAKEUSDT Perpetual Contract
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CAKE Short Setup

139
CAKE/USDT — Long

— The price moved far away from the support level despite Bitcoin dropping. CAKE is now testing a resistance level with a strong approach; there may be attempts to break above it and potentially flip the trend around the MA50/200 on the daily timeframe. The setup looks strong, and Bitcoin shows signs of a slowdown. A possible bullish wedge is forming.

— Entry: $2.345 (Market buy)
— Stop: $2.23 (-5% price movement from entry to stop — NOT percentage loss)
— Target: $2.64

Risk per trade: 0.5% of total deposit (this is the percentage loss)

Position size: 10% of total deposit, leverage 10x
RR: 1 : 2.4
Dagangan aktif
Nota
Stop moved to BE

Penafian

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