PancakeSwap (CAKE) has entered a critical Long Zone between $1.48 – $1.64, where price historically found strong support before a major Long rally. After a prolonged downtrend, we’re now approaching a potential reversal zone.
🔹 Long Entry Zone: $1.48 – $1.64 🔹 Potential Upside Target: $2.82+ 🔹 Rationale: Previous bounce zone + strong demand area
🟢 This is a high-reward opportunity for patient bulls waiting for a bottom formation. Watch closely for early signs of strength — if price holds and confirms a reversal, we may see a sharp push to the upside.
⚠️ Reminder: No entry without confirmation and risk management.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.