#CAKE/USDT USDT – Oversold Crash or Bargain Opportunity?
PancakeSwap’s token #Cake has dropped sharply. The big question: Is this the bottom, or is there more downside?
🚨 Why the crash?
DeFi slowdown: TVL and user activity have decreased.
Tokenomics shift: New deflationary model caused short-term uncertainty.
Altcoin weakness: Broader market pressure is dragging prices down.
📉 Technical signals:
RSI < 30 → Oversold territory.
MACD divergence → Selling pressure may be weakening.
Support zone → Price is near 2021 lows.
🔍 What about fundamentals?
PancakeSwap is still the top DEX on BNB Chain.
Continues to launch new features and partnerships.
Long-term potential is strong, but short-term risks remain.
🤔 Bottom or trap?
For investors: Could be a good accumulation zone.
For traders: Entry without confirmation is risky.
Conclusion: CAKE looks oversold, but a bounce isn’t guaranteed. Manage your risk and always DYOR (Do Your Own Research).