$BAKE is currently trading at 0.0999 USDT, within a narrow range between support at 0.0963 USDT and resistance at 0.1014 USDT.
The market structure appears to be ranging, with the RSI at 49.39 indicating neutral momentum.
A potential trading strategy could involve a breakout play above 0.1014 USDT for targeting higher gains.
However, investors should monitor Bitcoin's performance and any macroeconomic factors that could impact market sentiment, posing risks to BAKE's price stability.
