- BNB is on track to hit $800, with strong bullish momentum and minimal bearish reversal risk.
- CAKE is nearing a crucial $4.6 resistance, with a potential breakout signaled by a bullish MACD crossover.
- Both tokens could see a 20% surge this week, as trading volume and investor confidence remain high.
The Binance ecosystem is heating up—both BNB and CAKE have been showing serious strength, riding a bullish wave that started over the weekend. With momentum picking up at the start of the week, analysts believe a major breakout is imminent, potentially sending both tokens 20% higher in the near term.
BNB Eyes $800 – Bulls in Control
BNB has been on a steady climb since mid-2024, moving within a rising parallel channel that has kept it on a clear uptrend. If this momentum holds, a push toward $800 and beyond is well within reach.
But let’s break it down:
- Price Recovery in Action – After a brief dip, BNB bounced back fast, trapping short sellers and fueling a fresh rally.
- RSI Signals More Upside – The Relative Strength Index (RSI) is climbing, indicating that bulls still have room to run before hitting exhaustion.
- Low Bearish Reversal Risk – As long as bulls maintain control, BNB’s upward momentum looks strong, setting the stage for a potential all-time high.
Bottom line? If BNB stays on course, $800 could be hit sooner than expected.
CAKE Targets $4.6 – Can It Break Resistance?
CAKE’s bullish run has been unstoppable since rebounding from its 2023 lows near $1. Now, it’s gearing up for its biggest test yet—breaking past the $4.6 resistance level.
Key levels to watch:
- Current consolidation suggests a breakout is near – The price is stabilizing within a bullish range.
- $4.6 remains the big hurdle – This level hasn’t been broken since mid-2022, making it a crucial test.
- MACD is flashing bullish – A bullish MACD crossover is forming on the weekly chart, signaling a surge could be on the horizon.
One more thing—trading volume has spiked significantly, indicating strong investor interest. If buyers keep pushing, CAKE could shatter resistance and target even higher levels.
Final Thoughts – 20% Rally Incoming?
With BNB climbing towards $800 and CAKE eyeing a breakout past $4.6, both tokens are flashing strong bullish signals. If support levels hold steady, a 20%+ move could be in play this week.
For investors looking for momentum plays, BNB and CAKE are two tokens to watch closely—this could be the start of a much bigger rally. 🚀
