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CAKE

CAKE/USDT | Rising Wedge ⇒ Bearish ReversalCAKE/USDT | Rising Wedge ⇒ Bearish Reversal Following my previous CAKE prediction—which delivered a +30% gain—the pair now looks poised to turn bearish again. 📈 Market Structure Pattern: Rising wedge from April lows, with price compressing into higher highs and higher lows under converging blue trend-lines. Implication: Wedges often break down as bullish momentum fades into the apex. 🎯 Supply / Short Zone Zone: 2.257 – 2.380 USDT (blue–purple shaded area) Lower edge aligns with the upper wedge trend-line. Upper edge marks April’s horizontal resistance. ⚔️ Short Entry Strategies Aggressive: Short on the initial test of 2.257–2.380 USDT with a bearish rejection signal. Conservative: Wait for a confirmed reversal pattern near the zone. 🛑 Stop Loss Level: Above wedge resistance at 2.45 USDT—allows for a false breakout while limiting risk. 🎯 Profit Targets TP1: 2.135 USDT TP2: 2.010 USDT TP3: 1.840 USDT 🔧 Trade Management Scale out partial positions at each TP to lock in gains. Move stop to breakeven once TP1 is hit. If price closes above 2.45 USDT, invalidate the setup and reassess.
Short
by CryptoSheykh
TradeCityPro | CAKE: Slicing Through the Market's Range Box👋 Welcome to TradeCity Pro! Let's dive into the analysis of Bitcoin and key crypto indices, focusing today on the CAKE coin, as requested in the comments. This coin holds a market cap of $511 million, ranking 93rd on CoinMarketCap. 📅 Weekly Timeframe In the weekly timeframe, as you can see, there's a very large range box existing from 1.093 to 4.753. This box represents a substantial range, and the price has been in this box for almost three years. 🔍 There's a significant area within this box at 1.549, which currently acts as a very important support. The price has hit this level several times but has yet to break through it. ⚡️ In this timeframe, indicators are not very useful because it's a ranging trend, and in ranging trends, these tools don't perform well. The best tool we can use to analyze a ranging market is support and resistance. 📊 Currently, there is a support at 1.549, as mentioned, which the price has hit several times and has been supported by. If this support breaks, there's another very important support at 1.093, which will be the last support area for the price. 🛒 For buying this coin in spot, there is a very strong supply zone near 4.753. I recommend waiting until this area is broken to start the main bullish trend. This break would signify a potentially strong upward move, so entering before this break could expose you to unnecessary risks given the current ranging conditions. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
10
Long Position CAKE/USDTPancakeSwap (CAKE) has entered a critical Long Zone between $1.48 – $1.64, where price historically found strong support before a major Long rally. After a prolonged downtrend, we’re now approaching a potential reversal zone. 🔹 Long Entry Zone: $1.48 – $1.64 🔹 Potential Upside Target: $2.82+ 🔹 Rationale: Previous bounce zone + strong demand area 🟢 This is a high-reward opportunity for patient bulls waiting for a bottom formation. Watch closely for early signs of strength — if price holds and confirms a reversal, we may see a sharp push to the upside. ⚠️ Reminder: No entry without confirmation and risk management.
Long
by CryptoSheykh
7
Breaking: $CAKE Surge 16% Amidst Breakout of a Falling wedge The price of Pancakeswap saw a noteworthy uptick of 16% today amidst breakout of a falling wedge pattern. With the Relative Strength Index (RSI) at 72, more upside is envisioned in the long run as traders step in sparking a move to the $3.8 pivot point. About PancakeSwap PancakeSwap is a decentralized exchange (DEX) built on multiple blockchains, primarily BNB Chain and Ethereum, offering trading, staking, and yield farming services. The platform uses automated market makers (AMM) to enable users to trade cryptocurrencies directly from their wallets, with CAKE as its native token that powers various platform features and rewards. Since its launch, it has evolved into one of the largest DEXs by trading volume, incorporating features like perpetual trading and cross-chain functionality. PancakeSwap Price Live Data The live PancakeSwap price today is $2.79 USD with a 24-hour trading volume of $399,375,543 USD. PancakeSwap is up 15.87% in the last 24 hours, with a live market cap of $816,022,085 USD. It has a circulating supply of 292,717,453 CAKE coins and a max. supply of 450,000,000 CAKE coins.
Long
by DEXWireNews
CAKEUSDT – Patience Pays, Wait for the Blue Box!CAKEUSDT – Patience Pays, Wait for the Blue Box! “Chasing price is how retail traders get trapped—smart money waits for the perfect entry!” 🔥 Key Insights: ✅ Bullish Structure, But Overextended – Price needs a proper retrace. ✅ Blue Box = Ideal Buy Zone – This is where smart money steps in. ✅ FOMO Kills Accounts – The best trades feel uncomfortable because they require waiting. 💡 The Smart Plan: Wait for Price to Reach the Blue Box – No chasing, let the trade come to us. CDV & Volume Profile Must Confirm the Entry – We need proof buyers are stepping in. LTF Market Structure Break = Final Green Light – Precision beats randomness. “Discipline prints money. Wait for the blue box, take the high-probability trade, and win!” 🚀🔥 A tiny part of my runners; 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction
Long
by UmutTrades
Breaking: $CAKE Surge 45% Today Amidst a Falling Wedge BreakoutPancakeswap native token NASDAQ:CAKE saw a noteworthy uptick of 45% today amidst a falling wedge breakout. Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term. PancakeSwap has an anonymous team of “Chefs,” working in the PancakeSwap “Kitchen.” The platform is open-source and has been audited by multiple reputable blockchain security firms like Peckshield and Slowmist. Although the bear market has impacted TVL and trading volume for the protocol, PancakeSwap still boasts an annualized revenue of $27 million, with 42% of CAKE is staked. Technical Outlook As of the time of writing, NASDAQ:CAKE is up 40.37% currently overbought with the RSI at 77 a trend reversal could be looming ahead. Similarly, a breakout above the $3 resistant point could set NASDAQ:CAKE on a bullish course as the all time high is pegged at $44 with a market cap of just $732 million a move to $5 isn't far fetched.
Long
by DEXWireNews
Will Cake’s 25% drop unlock the path to $1.20?Hello and greetings to all the crypto enthusiasts, ✌ Let’s dive into a full analysis of the upcoming price potential for Cake 🔍📈. Cake, unlike its competitors, exhibited limited growth during the previous market surge and swiftly lost those gains. At present, the price is positioned at the upper boundary of a descending channel. A minimum decline of 25% is anticipated, aiming to reach its crucial monthly support level. This correction is essential for achieving the primary target of 1.20. The current market dynamics suggest that further downward movement is likely before any potential recovery.📚🙌 🧨 Our team's main opinion is: 🧨 Cake lagged behind competitors in the last market rally, quickly lost its gains, and now sits at the top of a falling channel, with a likely 25% drop ahead to hit key support at 1.20.📚🎇 Give me some energy !! ✨We invest hours crafting valuable ideas, and your support means everything—feel free to ask questions in the comments! 😊💬 Cheers, Mad Whale. 🐋
Short
by MadWhale
7
PancakeSwap Token: Volume Signal (New All-Time High In 2025)This volume signal reveals the bottom, together with candlestick patterns and price action. Let's get into it. Good evening my... Ok. We are going straight to present day. The 3-Feb. session ended as a perfect "neutral" Doji. This session produced a multi-year low, the lowest price since October 2023 and yet, a higher low. This session is a reversal signal on its own and the green week that follows works as confirmation. This session has really high volume and the week that follows has the highest volume ever. These sessions are green. After this initial price bounce, there is a retrace, classic retrace, and this retrace is set to end, will end, in a higher low. This higher low is a bullish signal. The volume signal gives the bottom away; the bottom reveals the bull-market, the bull-market implies maximum growth. A sideways market for years, CAKEUSDT (PancakeSwap Token) is about to turn green. Let me know if you agree and if you do, follow me. If you don't agree, make sure to follow anyway. Sometimes, it is good to read stuff that are contrary to our thoughts. Sometimes, it is better to be guided, because no one can approach the high level of accuracy exhibited by the Master of the charts. Just kidding. PancakeSwap Token (CAKE) is set to rise bigly and strongly and it will do so for the long-term. A new All-Time High in 2025. Thank you for reading. It is my pleasure to write for you again today. Namaste.
Long
by MasterAnanda
14
Incoming BNB chain forks with 0,75s block time!BNB chain upcoming forks significantly reducing block times, increase TPS and decrease fees! The Pascal hard fork in March 2025 is a big milestone in BNB Chain’s evolution setting the stage for the two upcoming BNB Chain forks: 1. Lorentz (April 2025): Reduces block intervals to 1.5 seconds 2. Maxwell (June 2025): Further reduces block intervals to 0.75 seconds Very bullish for all BNB chain projects and it´s main token BNB and defi platforms like CAKE. Finally Ethereum compatible chain's direct hit to Solana's heart and it's performance. The Maxwell fork in June will be game changer for crypto industry. Almost instant defi experience with decreasing Ethereum activity might lead to 2025 be a BNB chain season.
Long
by Suhulo