CAKE Shorts, Unlimited supply token

PancakeSwap is a decentralized cryptocurrency marketplace that runs on Binance's BEP-20 network. PancakeSwap is the largest decentralized marketplace on the BEP-20 network. Many crypto asset projects use pancakeswap as their primary option to list their tokens for listing and add liquidity. However, the weakness of this token is that the supply is not limited, so that the supply circulating in the future will be more and more.

Currently CAKE is in the symmetrical triangle area and no breakout has been confirmed. However, CAKE's move has bounced off the resistance line at $3.8 and is about to try to test its support line at $3.6. potential decline of 5.6% that will occur. For now it's better to wait and see


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