CAKE is the most confusing token in crypto right now 🥞
PancakeSwap is still the busiest DEX on BNB Chain — swaps flowing all day, fees rolling in.
And $CAKE ? $1.81. Down 10% this week. Down ~96% from its $49 all-time high.
The kitchen is busy. The cake is just... flat.
Levels: support $1.80, resistance $1.86. A break above $1.86 opens $1.95. BTC is holding ~$73.8K nearby, so the whole market is waiting on the same thing.
Spot only. The DEX works. The token is on a diet.
Not financial advice. DYOR.
#PancakeSwap #Crypto #DeFi
PancakeSwap is still the busiest DEX on BNB Chain — swaps flowing all day, fees rolling in.
And $CAKE ? $1.81. Down 10% this week. Down ~96% from its $49 all-time high.
The kitchen is busy. The cake is just... flat.
Levels: support $1.80, resistance $1.86. A break above $1.86 opens $1.95. BTC is holding ~$73.8K nearby, so the whole market is waiting on the same thing.
Spot only. The DEX works. The token is on a diet.
Not financial advice. DYOR.
#PancakeSwap #Crypto #DeFi