๐ฅ $BAKE /USDT โ Baking a Comeback or Just Crumbs? ๐๐
BAKE is trading at 0.1037, recovering after bottoming at 0.0988. Itโs hovering near the 7 EMA (0.1033), but faces strong resistance at the 25 EMA (0.1056) and 99 EMA (0.1104), signaling caution.
Current Outlook: The price is consolidating after a heavy drop, and needs a break above 0.1055 to validate a short-term bullish reversal.
LONG Setup: Entry at 0.1035โ0.1045, targets at 0.1080 and 0.1120, stop-loss at 0.1010
SHORT Setup: Entry at 0.1055โ0.1065, targets at 0.1015 and 0.0985, stop-loss at 0.1078
Summary: BAKE shows signs of stabilization, but trend pressure remains. Watch volume and 25 EMA reaction closely.
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