CAKE: Current Market Situation

Positive Side : The price is rising and crossing above the MA 60 near the end of the chart and the MACD is giving a weak bullish signal, suggesting a possibility of maintaining upward momentum in the short-term.

Negative Side : The values for MACD and RSI are very faint (close to zero ), which keeps the market volatile and the risk of a quick reversal. There is a lack of strong and sustained momentum.

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