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$CAKE | 1H | Reversal Long
Bias: Long
Entry Zone: 1.29 to 1.31
Stop Loss: 1.24
Targets:
TP1: 1.35
TP2: 1.40
TP3: 1.45
Invalidation:
Close below 1.24
Why This Setup:
I see a rebound from the 1.24-1.26 support area with higher lows forming into a break above the recent 1.28-1.29 pivot. I’m looking for continuation if price holds above the breakout zone and keeps reclaiming intraday resistance.
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