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$CAKE (1H) - Trend Reversal Long
Bias: Long
Entry (Zone): 1.29 - 1.31
Targets:
TP1: 1.35
TP2: 1.40
TP3: 1.45
Stop Loss: 1.24
Why this Setup:
I’m looking for continuation after the recovery off the recent base, with price printing higher lows and reclaiming the 1.30 area. I want a long as long as buyers hold that support, with room to extend into the prior resistance zones if momentum stays strong.