🚀 #CAKE Coin Up 40% – Hold or Sell? 🔥
I’m holding 4503.63 $CAKE tokens in Binance, bought at an average of $1.85. With CAKE now at $2.5+, I’m in a good profit, but should we sell or hold?
🔹 Why CAKE is Pumping
✅ Up 40% in 24 hours – Big breakout after weeks of no movement
✅ PancakeSwap beats Uniswap – Now leading with $1.64B+ daily trading volume
✅ BNB Chain growth – More DeFi activity = more demand for CAKE
🔹 When to Sell?
✅ $3-$3.50 – Strong resistance, could be a good take-profit zone
✅ If momentum slows – A drop in volume could signal a dip
✅ Secure profits – Selling a part now can lock in gains
🔹 Why I’m Holding
✅ PancakeSwap is growing – More users, more potential
✅ Looking for $4-$5 – If the uptrend continues, bigger profits ahead
✅ My plan: Sell some at $3, hold the rest for long-term gains