🍰 #PancakeSwap (CAKE): Time to Sell or Hold for $5? 🤔
I'm currently holding 4,503 $CAKE tokens in Binance, with the token trading at $2.65. The current chart shows strong support at $2.15 and resistance around $2.70. If it breaks $2.70, there's potential for a move toward $5.
🚀 Bullish case: If it breaks $2.70, CAKE could push toward $5.
⚠️ Bearish case: If it struggles at resistance, might dip back to $2.15 again.
My plan: I’m holding for now, waiting for a breakout around $2.70. Do you think it’ll hit $5 or dip lower? 👇