PancakeSwap ($CAKE E) Long Liquidation at $2.63155! Bulls Wiped Out!

$4,060.5 Worth of CAKE Longs Just Got Liquidated!

PancakeSwap (CAKE) traders who went long expecting a breakout just got liquidated at $2.63155, as the market failed to hold support. This marks a significant wipeout, pushing CAKE into a deeper correction.

What This Means for CAKE:

🔻 Longs Got Rekt: Overleveraged traders got caught in a brutal sell-off.

🔻 Bearish Momentum Growing: If CAKE doesn’t reclaim key levels, more downside is possible.

🔻 Whale Shakeout? Big players may be hunting liquidity before the next move.

Key Levels to Watch:

Support: $2.60 – $2.63

Breakout Zone: $2.70+

Will CAKE bounce back, or is this the start of a deeper drop? Let’s discuss!

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