Perfect signal
Super sent 💯 ✅
$CAKE /USDT Facing Heavy Sell Pressure! 📉
PancakeSwap (CAKE) is currently trading at $2.432, down -3.30% in the last 24 hours. The price hit a high of $2.854 and a low of $2.307, indicating volatility in the market.
The token is struggling to hold support after a sharp drop of -11.88% on the daily timeframe. A recovery above resistance could trigger bullish momentum, while further breakdowns may lead to lower lows.
Key Levels to Watch:
Resistance: $2.60 - $2.85 - $3.00
Support: $2.30 - $2.10 - $1.85
Potential Targets:
Bullish Targets: $2.85 - $3.00 - $3.50
Bearish Targets: $2.10 - $1.85 - $1.50
Key Entry Points:
Long: Buy Entry: $2.30 | Sell Target: $2.85 - $3.00
Short: Sell Entry: $2.60 | Buy Target: $2.10 - $1.85