🥞 CAKE is trying to flip momentum — is this the start of a bounce?

After defending the 2.20 support zone, $CAKE buyers finally showed up. The push toward 2.35 was the first real sign of strength, and now the price is stabilizing near 2.31–2.32. If momentum holds, traders may eye the next reaction zone between 2.35 and 2.41.

Token fundamentals continue improving too. PancakeSwap has shifted toward heavy buy and burn mechanics, reduced emissions, and capped supply — all aimed at making CAKE more sustainable long term. Price performance over the last year is still weak, but the restructuring is setting a base for slow recovery if liquidity returns to BNB Chain.

📌 Short-term trading bias:

• Support zone: 2.28 – 2.30

• Upside targets: 2.35 / 2.41 / 2.50

• Break above 3.00 weekly: could confirm deeper reversal potential

$CAKE looks tired but not dead. If the market keeps flowing liquidity into BNB ecosystem plays, we might see more attempts toward the upper levels.

#Cake #WriteToEarnUpgrade #TrumpTariffs #CPIWatch #CryptoRally