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PancakeSwap (CAKE) Bulls Gain Ground as Selling Pressure Weakens
- PancakeSwap (CAKE) is trading in the bullish momentum.
- CAKE price breaks above the 50-day and 200-day moving averages, indicating a positive trend.
- CAKE holders are increasing, signaling positive momentum, with on-chain activity and token transfers also on the rise.
- RSI and MACD indicators suggest positive momentum and potential 45%-50% surge for CAKE to reach $4.00.
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