CAKE/USDT Perpetual Contract
Short
Updated

Pancake (CAKE): Possible Good Short Incoming!

894
Cake coin is showing similar moves just as we had on the 13th of February, where we then tested again the upper resistance trend, where before that we had a huge liquidity movement below the lower support trend.

We are expecting to see a similar movement where we should see soon a downward movement either from this zone or after having a quick liquidity hunting above that resistance zone.

We are keeping our eyes wide open right near this zone; it might be a good shorting zone.

Swallow Team
Trade closed: target reached
snapshot

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