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BAKE must not go down to 0.2650. If that happens, it may probably go straight to 0.2474, which means encountering another resistance. At this moment, we don't want any type of additional resistance. If it happens, it may ruin our targets. Why? Because if BAKE goes down to 0.2474, then whenever it goes up, it will face resistance at 0.2650, resulting in more waiting time to hit our targets. For now, the selling pressure is too high—even when BTC goes up, BAKE stays there, and when BTC goes down, BAKE goes down but not too low. Last night, it went down to 0.2474, but at that moment, we saw very high buying pressure that kept the price of BAKE in the consolidating area.
