$CAKE is one of the few coins in the red today 🥞
While most of the market bounced, PancakeSwap slipped -2.4% and got rejected at its 4H EMAs again. It's been stuck in a 2.00-2.17 range for five days.
🟢 Floor: 2.00-2.05
🔴 Lid: 2.10-2.17 (EMAs)
🎯 Breakout level: 2.20-2.22
Relative weakness on a green day is worth noting. The 2.00 floor is the key level: hold it and the range continues, lose it and sellers take control.
👉 Tap $CAKE
for the live chart. NFA
BNB Chain DeFi: buying the lag or avoiding it? 👇
#PancakeSwap #BNBChain #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
While most of the market bounced, PancakeSwap slipped -2.4% and got rejected at its 4H EMAs again. It's been stuck in a 2.00-2.17 range for five days.
🟢 Floor: 2.00-2.05
🔴 Lid: 2.10-2.17 (EMAs)
🎯 Breakout level: 2.20-2.22
Relative weakness on a green day is worth noting. The 2.00 floor is the key level: hold it and the range continues, lose it and sellers take control.
👉 Tap $CAKE
for the live chart. NFA
BNB Chain DeFi: buying the lag or avoiding it? 👇
#PancakeSwap #BNBChain #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
