My Prediction of the trend and maximum/minimum prices in the next 7 days #BAKE /#USDT:
Short-term trend (next 7 days):
The short-term trend could be bullish due to the RSI in oversold (27.06) and the increase in volume. A bounce from the support of 0.0942 is likely, but the long-term bearish trend suggests that the movement could be temporary if a key resistance is not broken.
Estimated maximum price:
If the price bounces from the current support and the volume continues to grow, it could reach the resistance at 0.1541 USDT, which would represent an increase of approximately 40.1% from the current price. If it breaks this resistance with strong momentum, it could reach 0.2344 USDT (an increase of 113.1%). Therefore, the likely maximum price in the next 7 days is 0.1541 - 0.2344 USDT.
Estimated minimum price:
If the price fails to stay above the lower band (0.1087) and the support at 0.0942 fails, it could drop to 0.0823 USDT, which would represent an additional decline of 25.2% from the current price. Therefore, the likely minimum price in the next 7 days is 0.0942 - 0.0823 USDT.