⚓️ 🥞 #CAKE – PancakeSwap
When it was at the level of $1.70, I technically evaluated $CAKE , which tested the level of $3.00 with an increase of approximately 74%.
In the chart:
🟩 Green lines represent support,
🟨 Yellow lines are monitored as strategic resistance levels.
📌 The process is still developing based on technical formation. It's important to stay updated.
🔍 What is PancakeSwap (CAKE)?
PancakeSwap, a decentralized exchange (DEX) operating on the Binance Smart Chain (BSC), provides trading with an automated market maker (AMM) model.
Users can stake the CAKE token, provide liquidity, and benefit from features such as Launchpool. It plays an important role in the DeFi ecosystem.
