
PancakeSwap (CAKE) Breaks Trendline, Signals Potential 1,980% Rally
After breaking its descending trendline PancakeSwap (CAKE) is showing bullish momentum which may lead to steady upward price movements. The bullish trajectory of CAKE receives technical support from MACD and RSI indicators that indicate increased momentum for the price breakout. Key resistance levels near $1.95 and $2.50 will determine if CAKE sustains its rally, with…