$Cake | #PancakeSwap 🥞 1D
$CAKE is sitting just 1.2% above key support while the daily chart is flashing extreme oversold conditions.
Price: $2.239 (-2.9%)
🔴 CVD: Falling
🔴 MACD momentum: Weakening
🔴 Below 30D VWAP: $2.481
🔴 67.3% long
🔴 Price below lower Bollinger Band
🟡 OI: +8.5%
🟢 Stoch: 7.8 deeply oversold
🟡 RSI: 40.2
📍 Key levels:
Support: $2.212
Resistance: $2.414
30D VWAP: $2.481
SMA20: $2.545
500D VWAP: $2.626
The setup is conflicted.
The downside pressure is real:
Price ↓
CVD ↓
MACD momentum ↓
OI ↑
But the daily Stochastic is at 7.8 and price has pushed below the lower Bollinger Band.
That doesn’t confirm a reversal.
It means $2.212 becomes a critical level to watch.
Hold → potential stabilization.
Lose it → bearish structure gets another confirmation.
I built this chart to track these exact market-structure conflicts across $CAKE and other assets.
Not a trade call. DYOR.
🚨 Pendant que nos voisins font tout pour attirer les détenteurs de cryptos, nos députés font tout l'inverse : les taxer, les ficher puis les empêcher de partir. Voici les folies qui ont été votées cette semaine en commission.
1️⃣ Ils veulent taxer vos échanges en stablecoins. Vous n'avez pas touché un euro, vous avez simplement mis votre épargne à l'abri de la volatilité. Pour l'État, c'est déjà un gain imposable. On taxe désormais la prudence !
2️⃣ Ils veulent vous obliger à déclarer votre wallet dès 100 000 €, sous peine de 10 000 € d'amende. Le même État qui a laissé fuiter 12 millions de comptes sur le site de l'ANTS veut maintenant la liste de ceux qui gardent leur Bitcoin chez eux. Dans un pays où l'on séquestre des familles pour leurs cryptos, ce fichier serait une liste de cibles, un annuaire pour les ravisseurs fourni par l'État.
3️⃣ Ils étendent l'exit tax aux cryptos au-delà de 800 000 €. Plutôt que de se demander pourquoi nos entrepreneurs s'en vont, ils leur font payer la sortie. Ce n'est plus un pays libre, c'est une prison fiscale !
👉 Avoir un cold wallet, c'est être vraiment propriétaire de son épargne : sans banque, sans intermédiaire, sans autorisation.
C'est précisément cette liberté qu'ils combattent : euro numérique, fin de l'anonymat en ligne, déclaration massive de vos données, fichage des wallets. Chaque fois une bonne raison, chaque fois le même résultat.
Je serai là pour vous défendre. Votre wallet ne regarde que vous, vos stablecoins ne sont pas un revenu, et ce que vous avez construit, vous ne devriez pas avoir à le racheter pour partir. Je me battrai contre chacune de ces mesures. Votre épargne vous appartient.
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The $CAKE valuation disconnect becomes obvious when you compare DEX economics:
PancakeSwap
~$83M annualized revenue
~$820M market cap
Jupiter
~$85M annualized revenue
~$1.1B market cap
Raydium
~$25M annualized revenue
~$570M market cap
Uniswap
~$5.7B market cap
@PancakeSwap is already producing serious revenue at a fraction of UNI's valuation.
That activity feeds directly into $CAKE burns.
$CAKE has now recorded 36 consecutive months of net supply reduction.
So you have a major multichain DEX generating ~$83M annualized revenue while the underlying token supply is structurally shrinking.
Revenue ↑
Usage ↑
CAKE burned ↑
Supply ↓
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$Cake just lost short-term support.
The bigger trend isn’t broken yet but the setup has changed.
🔴 Price: $2.494 (-3.6%)
🔴 Below SMA20
🔴 CVD: Falling
🔴 MACD momentum: Weakening
🔴 Bearish RSI divergence
🟡 ADX: 47.7
🟡 65.8% long
🟡 OI: -0.9%
🟢 Spot volume: +30.1% 24h
Key levels:
📍 Resistance: $2.507
📍 Support: $2.482
📍 SMA20: $2.536
📍 30D VWAP: $2.416
📍 500D VWAP: $2.625
The interesting part of all this:
Volume increased while price dropped and CVD fell.
So this isn’t just a quiet pullback there is increased participation behind the move.
$2.482 is now the level to watch.
Hold it potential stabilization.
Lose it $2.416 becomes the next major reference.
Not a trade call. DYOR.