- Despite resistance at $4.30, CAKE remains under a bullish grip.
- Indicators suggest that bear dominance is on the horizon.
- According to CMF, traders are cashing out their gains.
Bearish efforts to capture market share for PancakeSwap (CAKE) found support at $4.11 in the previous 24 hours. Nevertheless, CAKE’s price rose to a day’s high of $4.30 on the back of the bullish control and is presently trading at $4.22, a gain of 1.51%.
