$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.
#bakebullish #BAKEUSDT #Write2Earn! #ETH_ETF_Approval_23July #BinanceTurns7

#BAKEUSDT CHART ANALYSIS〽️

$BAKE formed FALLING WEDGE PATTERN in 15 min TF,

we could witness a strong bullish move.

This breakout would signal a potential trend reversal and align with our bullish outlook.♨️

#bakebullish

#BAKEUSDT

ITS 5 MIN TF CHART

Looks to trade for a long in a ascending triangle

Go with small stoploss 🎯🤝

$BAKE

$BAKE has established a strong support level at $0.265, signaling a promising opportunity for investors. If Bitcoin remains above $57,000, we could see Bake reaching the next targets of $0.31 and $0.37.With significant trading volume, it has the potential to soar to $0.50. Now is the perfect time to consider investing in $BAKE .
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$BAKE

"BREAKING: #BAKEUSDT Analysis 📈🕰️ With just 8 days & 23 hours left before the monthly candle closes, eyes are on a potential green doji candle to cap off February. Remember, #dyor #Write2Earn #NFA. Failure to hold stop-loss could lead to market downfall. Stay vigilant! 🚨 #CryptocurrencyPotential

looking for stoploss? check my old post

SHORT #BAKEUSDT from $0.1012 stop loss $0.102 $BAKE

15m TF. After trying to update the maximum, the price rolled into the range, which indicates the weakness of the buyer. Also, a cascade of minimums has formed at the lower border, I expect an impulse exit of the price to short due to stop losses for each of the minimums. In confirmation of the breakdown scenario, I expect a local preload, as noted in the screenshot.

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Running profit 327% more than profit done 👍 still holding next target 🎯 soon 🔜 Book your profit 50-70% and going on biggest profit use training stop 🛑 Loss

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$BAKE #BAKE #BAKEUSDT escaping demand zone. I remain bullish for Bake to retest supply zone in 0.86-0.9 area

SHORT #BAKEUSDT from $0.1057 stop loss $0.1063 $BAKE

1h TF. The tool in the game, after the upward movement, corrected and got into consolidation, as a result of which it formed a support level with 4 approaches, next to which is the Value Area Low, volumes dropped noticeably, highs are falling, large prints for sale in the glass and density at the level, with a smooth approach, preload and increased activity in the glass, I expect impulse takeaway to the short with the withdrawal of liquidity beyond the level. Goal 0.1

#BAKE/USDT Is showing Bullish flag on 15 minutes and 1HR Chart and an Important Break out Will send It to its new high 0.3850 ~ 0.4000 so keep close eye on it and open long Position with tight Sl
#BAKEUSDT #BTC

$BAKE

#BAKEUSDT .p
LONG

ENTRY
(CMP) 0.4893 atm

TAKE PROFIT
0.5498
0.6447
0.7270

STOP 0.4452

DYOR TAYOR NFA

BAKE BULLISH SET UP ANALYSIS.

The technical set up of #BAKE/USDT is so enticing for you to miss it. As illustrated in the image below.

The following are the reasons I believe #BAKEUSDT is destined to hit 1$ soon.

1. Price of #BAKE retraced from the recent rally in daily time frame to around 23.6% finonacci level.

2. Price of BAKE has bounced from EMA 50 line.

3. Price respected the daily time frame support at 0.3119 and weekly support at 0.3622.

4. Formation of a hammer candle on the 8th of January (daily time frame)

5. Daily candle on the 10th bullishly engulfed that of the 9th January.

Don't miss this Gem $BAKE it's time to load your bags.

Entry price: 0.39-0.41
Target price: 0.9-1
Stop loss: 0.36

Remember this is a spot call.
DYOR

Follow me for more market analysis and updates on #airdrops in 2024.

#BAKE/USDT #BAKEUSDT

If you want to taste my sweetness and charm. Invest in me. I am about to explode baby! Trade me now or regret later.

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