$BAKE

/USDT Technical Analysis & Target Levels 🎯

BAKE/USDT has shown notable price action over the past 24 hours, with a solid bullish momentum. Let's take a closer look at key levels:

Current Price: $0.4069

24h High: $0.4108

24h Low: $0.3387

Key Support and Resistance Levels:

Target 1: $0.4200 (Resistance)

A potential breakout above $0.4200 could push the price higher, marking the next resistance level for BAKE.

Target 2: $0.4300 (Resistance)

If the bullish trend continues, $0.4300 becomes the next critical target. A successful test here may open the path for further upside.

Target 3: $0.3500 (Support)

If the price retraces, $0.3500 serves as a strong support level. A bounce off this level could lead to another move upwards.

Volume Insight:

The 24h volume is solid, with 51.74M BAKE traded, showing strong market interest. Keep an eye on the volume for any signs of increasing momentum.

Price Action Overview:

Support: $0.3387

Resistance: $0.4108

Market Trend: Bullish with a potential push to $0.4300

Stay informed and keep your strategy aligned with these targets. Happy trading on Binance!