CAKE made a good move last week with 22% up. With news on CAKE burn to reduce drastically the supply from 750M to 450M, the momentum will continue, in my opinion.
The proposed setup is in chart with TPs (blue lines) and SL (below the red line).
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Comment:
Spot is still running for this trade
