$BAKE Technical Analysis:

Current Price: $0.2866

24H Change: -3%

Observations:

- BAKE is currently trading below its 50-day MA ($0.30) and 200-day MA ($0.35), indicating bearish momentum.

- The 24H RSI (43.67) suggests that BAKE is approaching oversold territory, potentially due for a bounce.

- Historical data shows that BAKE has closed above its opening price approximately 49.12% of the time, indicating a relatively balanced market.

Trading Considerations:

- Buy: $0.28 (support level)

- Sell: $0.32 (resistance level)

- Stop-Loss: $0.25 (below recent lows)

Keep in mind that this analysis is for informational purposes only and should not be considered as investment advice. Always do your own research and consult with a financial advisor before making trading decisions.

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