$BAKE /USDT Technical Analysis & Market Update
Current Price: $0.3608 (+3.44%)
BAKE is trading at $0.3608, showing a positive move with a gain of 3.44%. The price is currently above the 7-day moving average (MA) at $0.3550 and the 25-day MA at $0.3357, indicating a continuation of bullish momentum.
Resistance: The nearest resistance level is at $0.3734. If the price manages to break through this level, further gains could be seen.
Support: On the downside, the support is established at $0.3416. A close below this level could signal a potential bearish reversal.
Long Trade: Enter above $0.3734, then Targets: $0.3850, $0.4000
Short Trade: Enter below $0.3416, then Targets: $0.3300, $0.3100
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