CAKEUSDT trade ideas
TradeCityPro | CAKE: Slicing Through the Market's Range Box👋 Welcome to TradeCity Pro!
Let's dive into the analysis of Bitcoin and key crypto indices, focusing today on the CAKE coin, as requested in the comments. This coin holds a market cap of $511 million, ranking 93rd on CoinMarketCap.
📅 Weekly Timeframe
In the weekly timeframe, as you can see, there's a very large range box existing from 1.093 to 4.753. This box represents a substantial range, and the price has been in this box for almost three years.
🔍 There's a significant area within this box at 1.549, which currently acts as a very important support. The price has hit this level several times but has yet to break through it.
⚡️ In this timeframe, indicators are not very useful because it's a ranging trend, and in ranging trends, these tools don't perform well. The best tool we can use to analyze a ranging market is support and resistance.
📊 Currently, there is a support at 1.549, as mentioned, which the price has hit several times and has been supported by. If this support breaks, there's another very important support at 1.093, which will be the last support area for the price.
🛒 For buying this coin in spot, there is a very strong supply zone near 4.753. I recommend waiting until this area is broken to start the main bullish trend. This break would signify a potentially strong upward move, so entering before this break could expose you to unnecessary risks given the current ranging conditions.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long Position CAKE/USDTPancakeSwap (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.
What for $CAKE next?I am not fundamentally aware of what's in development on Pancakeswap. But when looking into the chart on daily, there is trendline acting as a support. One more bounce from trendline area and a breakout of the resistance at 2.84 largely in play. Let's see what's going to happen.
CRYPTOCAP:BNB NASDAQ:CAKE #Binance #Pancake #Swap
CAKEUSDT (PancakeSwap): Sweet Gains or Stale Trade?(1/9)
Good afternoon, everyone! ☀️ CAKEUSDT (PancakeSwap): Sweet Gains or Stale Trade?
With CAKE at $2.599, is this DEX token a tasty treat or a flat pancake? Let’s flip the details! 🔍
(2/9) – PRICE PERFORMANCE 📊
• Current Price: $ 2.599 as of Mar 25, 2025 💰
• Recent Move: Consolidating $2.6-$2.8, up from $2.34, per data 📏
• Sector Trend: Crypto steady, DeFi mixed amid trade tensions 🌟
It’s a flip-flop—value might be cookin’! ⚙️
(3/9) – MARKET POSITION 📈
• Market Cap: Approx $760M (292M circulating) 🏆
• Operations: Leading BNB Chain DEX, yield farming, staking ⏰
• Trend: Deflationary model burns 102% minted, per data 🎯
Firm in DeFi, but volatility’s the spice! 🚀
(4/9) – KEY DEVELOPMENTS 🔑
• Recent Surge: Up 45% earlier in March, per X posts 🌍
• Platform Updates: Expanded NFT marketplace, per web data 📋
• Market Reaction: High volume ($230M daily), showing interest 💡
Adapting to DeFi trends, cooking up growth! 🍳
(5/9) – RISKS IN FOCUS ⚡
• Regulatory Risks: Crypto scrutiny could hit DEXs 🔍
• Market Volatility: Crypto swings could drag price down 📉
• Competition: Other DEXs like Uniswap challenge, per data ❄️
It’s a risky recipe—watch the heat! 🛑
(6/9) – SWOT: STRENGTHS 💪
• DEX Leader: Top on BNB Chain, strong user base 🥇
• Deflationary Model: Burns tokens, potentially boosts value 📊
• High Volume: $230M daily, per data, shows activity 🔧
Got a sweet spot in DeFi! 🏦
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️
• Weaknesses: Price volatility, regulatory fears 📉
• Opportunities: DeFi adoption, new features like lending 📈
Can it rise or get burned? 🤔
(8/9) – POLL TIME! 📢
CAKE at $2.599—your take? 🗳️
• Bullish: $3+ soon, DeFi booms 🐂
• Neutral: Steady, risks balance gains ⚖️
• Bearish: $2 drops, market sours 🐻
Chime in below! 👇
(9/9) – FINAL TAKEAWAY 🎯
CAKE’s $2.599 price reflects consolidation, with strengths in its platform and deflationary model, but risks from market volatility and competition persist. DCA-on-dips could be a strategy to average in over time, banking on long-term growth. Gem or bust?
Analyzing $CAKE🚀 Analyzing NASDAQ:CAKE
📊 Weekly Timeframe:
- Currently moving inside a Symmetrical Triangle, hinting at a possible breakout in the near future.
📊 4H Timeframe:
- Shows trading within an Ascending Channel, suggesting short-term bullish momentum.
👀 Keep an eye out for a breakout confirmation in either direction!
CAKEUSD NEXT MOVESell after bearish candle stick pattern, buy after bullish candle stick pattern....
Best bullish pattern , engulfing candle or green hammer
Best bearish pattern , engulfing candle or red shooting star
NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER
Stop lost before pattern
R/R %1/%3
Trade in 5 Min Timeframe, use signals for scalping
Breaking: $CAKE Surge 16% Amidst Breakout of a Falling wedge The price of Pancakeswap saw a noteworthy uptick of 16% today amidst breakout of a falling wedge pattern. With the Relative Strength Index (RSI) at 72, more upside is envisioned in the long run as traders step in sparking a move to the $3.8 pivot point.
About PancakeSwap
PancakeSwap is a decentralized exchange (DEX) built on multiple blockchains, primarily BNB Chain and Ethereum, offering trading, staking, and yield farming services. The platform uses automated market makers (AMM) to enable users to trade cryptocurrencies directly from their wallets, with CAKE as its native token that powers various platform features and rewards. Since its launch, it has evolved into one of the largest DEXs by trading volume, incorporating features like perpetual trading and cross-chain functionality.
PancakeSwap Price Live Data
The live PancakeSwap price today is $2.79 USD with a 24-hour trading volume of $399,375,543 USD. PancakeSwap is up 15.87% in the last 24 hours, with a live market cap of $816,022,085 USD. It has a circulating supply of 292,717,453 CAKE coins and a max. supply of 450,000,000 CAKE coins.
#CAKEUSDT is setting up for a breakout📉 Long BYBIT:CAKEUSDT.P from $2,710
🛡 Stop loss $2,607
1h Timeframe
⚡ Plan:
➡️ POC is 2,515
➡️ Waiting for consolidation near resistance and increased buying activity before the breakout.
➡️ Expecting an impulsive upward move as buy orders accumulate.
🎯 TP Targets:
💎 TP 1: $2,790
💎 TP 2: $2,870
💎 TP 2: $2,920
🚀 BYBIT:CAKEUSDT.P is setting up for a breakout—preparing for an upward move!
CAKEUSDT – Patience Pays, Wait for the Blue Box!CAKEUSDT – Patience Pays, Wait for the Blue Box!
“Chasing price is how retail traders get trapped—smart money waits for the perfect entry!”
🔥 Key Insights:
✅ Bullish Structure, But Overextended – Price needs a proper retrace.
✅ Blue Box = Ideal Buy Zone – This is where smart money steps in.
✅ FOMO Kills Accounts – The best trades feel uncomfortable because they require waiting.
💡 The Smart Plan:
Wait for Price to Reach the Blue Box – No chasing, let the trade come to us.
CDV & Volume Profile Must Confirm the Entry – We need proof buyers are stepping in.
LTF Market Structure Break = Final Green Light – Precision beats randomness.
“Discipline prints money. Wait for the blue box, take the high-probability trade, and win!” 🚀🔥
A tiny part of my runners;
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Breaking: $CAKE Surge 45% Today Amidst a Falling Wedge BreakoutPancakeswap native token NASDAQ:CAKE saw a noteworthy uptick of 45% today amidst a falling wedge breakout.
Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange.
Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term.
PancakeSwap has an anonymous team of “Chefs,” working in the PancakeSwap “Kitchen.” The platform is open-source and has been audited by multiple reputable blockchain security firms like Peckshield and Slowmist.
Although the bear market has impacted TVL and trading volume for the protocol, PancakeSwap still boasts an annualized revenue of $27 million, with 42% of CAKE is staked.
Technical Outlook
As of the time of writing, NASDAQ:CAKE is up 40.37% currently overbought with the RSI at 77 a trend reversal could be looming ahead. Similarly, a breakout above the $3 resistant point could set NASDAQ:CAKE on a bullish course as the all time high is pegged at $44 with a market cap of just $732 million a move to $5 isn't far fetched.
CAKE potential triple bottomCAKE / USDT
BNB ecosystem coins are catching our attentiont these days, especially #CAKE.
On the chart:
We see a potential triple bottom forming.
($2-$1) is an excellent accumulation zone.
Note : The price must stabilize above $1 at the weekly closes to maintain this view.