CAKE review dated 01.10.2022

01.10.2022

215

1 min

CAKE (1D)

It is worth paying attention to PancakeSwap. The altcoin has been in a strong local uptrend for almost five months, despite the overall market dynamics. The other day, the asset tested the resistance level at around $5. Now the most probable scenario is a return to the trend for a retest.

The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.