🔥 PancakeSwap $CAKE at a Crossroads: Will It Flip $3 or Crumble Below $2.57? 🍰📉📈
#PancakeSwap (CAKE) just spiked 5.43%, trading at $2.69 with daily volume up 37% — but is this a true recovery or just a sugar rush?
🔍 Market Snapshot:
Opened at: $2.53
24h High: $2.77
Current: $2.69
30D Gain: +20%
Market Cap: $930M
RSI: 58.62 → Bullish momentum
BBP: 0.116 → Bulls have slight control
CMF: 0.01 → Light accumulation, not yet full confirmation
📊 Next Move?
🟢 Upside target: $2.75 → $2.81 → $3.00+
🔴 Downside risk: $2.63 → $2.57 → Breakdown zone
🧠 MACD shows early bullish recovery, but it’s fragile. The Fear & Greed Index at 54 suggests the market is undecided — CAKE is on thin ice.
Will bulls bite or bears bake the dip?
#PancakeSwap #CAKE #Altcoins #CryptoNews #DeFi #BullishOrBearish #CryptoTrends #TechnicalAnalysis #BTC #CryptoMarket
