Critical CAKE Support Testing, 14% Move Could Push $3
			
			Trading
		
1
Posts
1
Posters
2
Views
- 
Fundamental analysis:
CAKE gets 64% of revenue from BNB Chain; with Q3 fees at $357M and BNBβs ATH $1,080, lower gas fees could drive more traders, higher burn, and stronger CAKE correlation (0.82) with BNB.


Technical analysis:
$CAKEusdt is currently testing a key daily trendline and support; if this level holds, a potential 14% upside move could push price toward $3.00.

