$BAKE /USDT Technical Analysis & Trade Signal
Current Price: $0.2783 (+7.83% in the last 24 hours)
Trend: Bullish (upward momentum in the short term)
Resistance Levels:
First Target: $0.2857 (near-term resistance)
Second Target: $0.2900 (potential breakout level)
Third Target: $0.3000 (psychological level)
Support Levels:
Primary Support: $0.2745 (SAR, key reversal point)
Secondary Support: $0.2575 (stronger support zone)
Trade Momentum: Positive momentum with the price showing upward movement from the 24h low of $0.2568. With increasing volume (13.14M BAKE traded), it indicates strong buyer interest. A breakout above $0.2857 could signal a further uptrend toward $0.2900 and $0.3000.
Trade Signal:
Buy Zone: Around $0.2783 (current price)
Stop Loss: $0.2745 (below SAR support)
Target Levels:
T1: $0.2857
T2: $0.2900
T3: $0.3000
Keep an eye on the 24-hour high and low for key breakout points, and watch for any trend reversal signals near support levels.
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