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Technical analysis by Juliia about Symbol CAKE: Buy recommendation (11/25/2025)

https://finbeet.com/message/3941758
Juliia
Juliia
Rank: 129
3.2

CAKE Short Setup

Message Type:Buy
Price at Publish Time:
$2.37
Buy،Technical،Juliia

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

Source Message: TradingView