$CAKE -96% CRASH CREATED A ONCE-IN-A-CYCLE OPPORTUNITY | $50 ZONE STILL IN PLAY?
#CAKE Is Trading Around $1.55 After Reclaiming Major Weekly Support Inside The HTF Accumulation Zone at $1.37-$1.18
Structure Is Showing Clear Liquidity Sweep + Reaction From Multi-Year Ascending Trendline That Has Held Since 2022.
Already Experienced -96% Correction From It's ATH, Classic Re-Accumulation Setup Forming.
Price Compressing Between Descending Resistance & Ascending Support. Breakout Imminent.
CURRENT TECHNICAL STRUCTURE:
➤ Bullish OB & Support (Accumulation Zone): $1.37-$1.18
➤ Price Must Hold Above $1.15 For Bullish Continuation
➤ Failed Breakdown + Trendline Reclaim = Classic Bear Trap
➤ Descending TL Compression + Higher Low Formation In Progress
➤ Weekly Close Below $1.15 = Bullish Invalidation
Upside Targets: $3.45 ➔ $9.77 ➔ $25.44 ➔ $50+ (~32x From Accumulation Zone)
IMO: CAKE/USDT Is Currently Coiling Inside A Generational High Risk - High Reward Accumulation Range Before Massive Expansion. The Bigger The Base, The Higher The Space. DeFi Blue Chip At 96% Discount.
Purely TA Only | Not Financial Advice | Always DYOR
Your @PancakeSwap Target This Cycle?
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Pc: @CryptoPatel
rip stock market, crypto market.
we'll keep building @MeteoraAG
see everyone in 2 weeks when we are in euphoria again
lfg solana:METvsvVRapdj9cFLzq4Tr43xK4tAjQfwX76z3n6mWQL
I shorted $LAB with a big position. I got rid of traps and managed to make only 500 USDT after so much mental stress.
Kindly don't fall for such scams and lose your mental health.
You will always have an another opportunity. ❤️
@binance@bitget should blacklist insider wallets.