#CAKE/USDT #Analysis Description --------------------------------------------------------------- + Cake is showing overall weakness as it recently formed a lower low. + There is a good opportunity for short trade as the overall market is looking bearish + We can enter a short trade once the price breaks the support. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 4.192 Stop Loss: 4.563 ------------------------------ Target 1: 3.958 Target 2: 3.761 Target 3: 3.426 ------------------------------ Timeframe: 4H Capital Risk: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
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