CAKE (PancakeSwap) is one of the most important building blocks of the BNB network. In this period when BNB is making ATH, we can see a jump in BNB Chain protocols.
For #Cake , our region between $2.6 and $2.3 is a region that needs to be protected for the continuation of the rise. It seems likely that the regions we have marked in green will act as resistance in the protection of this region. Our strongest resistances will be the $5 and $10 bands.
Otherwise, the regions marked in red on the chart with a downward breakdown of the region between $ 2.6 - $ 2.3 will be possible support areas. $CAKE
