$CAKE has been on an uptrend for a while, supported by strong on-chain— #PancakeSwap trading volumes hit $100 billion in May. 🚀
Technical indicators remain bullish: both the 21-day and 50-day EMAs are above the 200-day EMA, and the rising RSI suggests building momentum.
The $2.1–$2.2 zone is a key support area; as long as the price holds above this range, the uptrend remains intact. 📈
A break above $2.7 could trigger a rally toward $3, especially with PancakeSwap leading DEX rankings—doubling its closest competitor Uniswap in 24-hour volume over the past week.
