Technical analysis by MadWhale about Symbol CAKE: Buy recommendation (10/8/2025)

Hello✌️ Let’s analyze PancakeSwap’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: BNB Chain’s DeFi scene is heating up PancakeSwap leads the way with massive daily volume, and rising activity could keep boosting CAKE’s use and demand. Both CAKE and BNB seem to be growing together. 🔥 📊Technical analysis: CAKEUSDT is currently holding two key monthly support zones, supported by strong trading volume and its close correlation with BNB. As long as these levels stay intact, price action may target around $5.10, indicating potential for a further 20% upside. 📈🔥 📈Using My Analysis to Open Your Position: You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡 ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale