PancakeSwap ($CAKE) is experiencing a strong uptrend, with a potential breakout above $2.354.
*Key Levels:*
- *Resistance:* $2.354 (24H high)
- *Support:* $2.300
*Trade Setup:*
- *Entry:* $2.355-$2.360
- *Take Profit Targets:*
- TP1: $2.420
- TP2: $2.490
- TP3: $2.580
- *Stop Loss:* Below $2.295
A breakout above $2.355 with increasing volume could lead to a rapid rally. Monitor closely for a 15m candle close above $2.355.
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