Pancake Swap Price Analysis: Cake Token Price Aiming To Follow The Bearish Crowd

CAKE Token price action projects a downtrend ready to cause a significant breakdown. The token price resists the fall below the 200-day EMA while trading below the 50-day EMA. The CAKE/BTC pair trades at 0.0004369 BTC with an intraday gain of 0.88%. CAKE token price is increasing selling pressure a