đ BAKE/USDT To The MOONđ
đ Technical Analysis:
1. Support and Resistance Levels:
Support: BAKE has consistently found support around the $0.30 level, indicating strong buying interest.
Resistance: The $0.34 area has acted as a significant resistance, limiting price gains.
2. Entry Strategy:
Long Position: Consider entering long if BAKE breaks above $0.34 with increasing volume.
Stop Loss: Set a stop loss just below the $0.30 support level.
Target: Aim for the next resistance at $0.40.
3. Recent Performance:
Current Price: $0.3142 (up 1.52% in the last hour)
Previous Price: $0.3092
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