CAKE / USDT
Cake still moving inside range of falling wedge
and face resistance zone
📌What are possible next scenarios ?
1- clear breakout and hold above blue resistance zone = pump
2- reject hard again from trendline mean can drop to support around 16$-17$ before next move
Invalidation of any bullish setups=
Loss of green support area by daily close
Dont trade blindly
Best of wishes 🙏
Cake still moving inside range of falling wedge
and face resistance zone
📌What are possible next scenarios ?
1- clear breakout and hold above blue resistance zone = pump
2- reject hard again from trendline mean can drop to support around 16$-17$ before next move
Invalidation of any bullish setups=
Loss of green support area by daily close
Dont trade blindly
Best of wishes 🙏
Comment:
Edit : resistance zone (red) not (blue)