$BAKE Technical Analysis
$BAKE /USDT, currently trading at $0.2593 with a 24-hour increase of +23.36%, the token shows strong bullish momentum.
The 24-hour high is $0.2614, and the low is $0.2082, with substantial trading volume indicating significant market interest.
For long trades, an entry point around $0.2550, slightly below the current price, could be beneficial to capture any brief pullbacks.
For short trades, consider entering near the resistance level of $0.2650, anticipating a potential retracement.
Monitor the $0.2082 support level closely, as a drop below this could signal further downside. Maintain tight stop-losses to manage risk effectively.
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