MARKET WATCH: $BAKE Setting Up for a Move? Here’s the Breakdown

Traders are keeping an eye on $BAKE, as a potential bullish setup unfolds:

On the 4H chart, a Break of Structure (BoS) has occurred — a key early sign of trend reversal.

On the 1H timeframe, $BAKE is currently retesting its demand zone, hinting at possible accumulation.

Fibonacci retracement confirms the price is in the discount area, suggesting an ideal zone for entries.

The setup is looking simple but strong. If momentum picks up, $BAKE might be gearing up for its next leg.