(CAKE) tops $1.60, bullish sentiment grows amid rising Open Interest

Key takeaways PancakeSwap is holding above the key support level at $1.55, hinting at an upside move ahead. Rising open interest alongside positive funding rates signals increasing participation. PancakeSwap (CAKE) is trading in the green above $1.60 on Thursday after finding support around this key level the previous day. Positive derivatives data, along with constructive […] The post (CAKE) tops $1.60, bullish sentiment grows amid rising Open Interest appeared first on CoinJournal.