🚨 $CAKE /USDT – Sweet +5% Move! Ready to Break Resistance or Burn Out? 🍰🔥
#PancakeSwap ($CAKE) is flipping upward again, trading at $2.493 (+5.23%), just below the 24h high of $2.558. With DeFi heating up, will CAKE reclaim higher ground—or is this just a sugar rush?
📊 Market Overview
📍 Current Price: $2.493
📈 24h High: $2.558
❄️ 24h Low: $2.366
📊 Parabolic SAR: $2.42 (Uptrend signal active)
📉 MACD Momentum:
DIF: 0.0512 (Positive trend forming)
DEA: 0.0304
MACD: 0.0416 (Bullish crossover confirmed)
📈 CAKE Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If CAKE Holds Above $2.48):
Entry: Above $2.55
Targets: $2.68, $2.80, $3.00
Stop-Loss: $2.42
🔹 Bearish Scenario (If CAKE Breaks Below $2.42):
Entry: Below $2.41
Targets: $2.34, $2.27, $2.20
Stop-Loss: $2.55
🔍 Should You Hold or Sell?
✅ Trading above MA(25) and MA(99) = long-term bullish setup intact
✅ MACD and RSI rising with strong momentum potential
⚠️ Resistance between $2.55–$2.68 could slow the rally—watch candle structure
💡 Pro Tip:
📈 A breakout and hold above $2.55 with volume can trigger a move toward $3
📉 Rejection at that level = likely dip to $2.34 before another attempt
📢 What’s your CAKE strategy—holding for $3 or selling the pop?
🔥 LIKE & SHARE if you're stacking sweet DeFi setups like this! 🍰🚀