Skip to content

DeFi token support levels

PancakeSwap (CAKE) Faces Bearish Pressure After Failed $2.95 Breakout

PancakeSwap’s native token CAKE struggles under bearish momentum following its unsuccessful attempt to breach the $2.95 resistance level. Increased selling pressure and shifting market structure prompted the rejection, with technical indicators pointing to continued downside risks. The daily chart confirms… Read More »PancakeSwap (CAKE) Faces Bearish Pressure After Failed $2.95 Breakout