PancakeSwap $CAKE is on the verge of something big as it tests the upper resistance of an ascending triangle on the daily chart. This classic pattern is setting the stage for a potential breakout that could send the price soaring. Traders are closely watching for volume accumulation, as that will signal when the momentum shifts and the breakout finally happens.

The price targets are looking solid: \$3.40, then \$3.75, and possibly even \$4.40 if the breakout picks up steam. If the bulls take control, CAKE could be gearing up for an explosive move. The chart is screaming potential, and all eyes are on that upper resistance line.

Could this be the start of a major upward trend for PancakeSwap? Time to watch and wait as the pattern unfolds!

#CAKE #PancakeSwap #CryptoPatterns #AscendingTriangle #CryptoTrading