$BABY Bullish Spike Rejected: Will Support Hold for Another Push?
$BABY is trading at $0.09172, pulling back after testing intraday highs around $0.09538. Despite the recent surge, price is now consolidating near the previous breakout zone, and bulls need to defend support for any further upside.
Key Levels to Watch:
• Resistance Zone: $0.09280 – $0.09420
A breakout above this area may trigger renewed bullish momentum toward:
• TP1: $0.09550
• TP2: $0.09800
• Support Zone: $0.09050 – $0.08900
If selling continues, $BABY may retrace toward:
• TP1: $0.08800
• TP2: $0.08600
Trade Setup: Waiting on the Next Break
• Bullish Scenario: A candle close above $0.09280 with increased volume could revive upward momentum.
• Bearish Scenario: A breakdown below $0.09050 might open doors for a deeper pullback toward earlier support zones.
• Stop-Loss Guidance: SL below $0.08900 for longs, above $0.09450 for shorts to manage downside risk.