$CAKE nearest target - 4.5$
I lean towards the view that the global correction has already ended and has taken the form of a complex model wxy
We have gone beyond the level and started to break the trendline, there is still room for movement, so the nearest target for growth and recovery is $4.5, and then we will need to see
The project consistently burns -0.1-0.2% of supply every week, so there is good buy pressure; gradually they are buying and burning the issuance, in the long term this is an extremely important fundamental factor for price growth
The main risk is a decrease in trading volumes on BSC, which consequently leads to a drop in earnings and a reduction in buybacks + burning
