PancakeSwap Price Eyes $1.48 as CAKE Breaks Key Trendline and TVL Surges

NewsSun, 16 Aug 2026 06:10:37 UTC1 hour ago
PancakeSwap Price Eyes $1.48 as CAKE Breaks Key Trendline and TVL Surges
PancakeSwap is showing early signs of a bullish recovery as buyers attempt to reclaim key technical levels, while rising TVL highlights stronger DeFi participation. A breakout above the descending trendline and monthly VWAP could strengthen the CAKE price outlook, with traders watching $1.48 as the next potential resistance target.
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