Here’s a technical summary and trade outlook for $BAKE /USDT
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📊 BAKE/USDT Market Overview
Metric Value
Last Price $0.0953
24h Change -1.14% 🔻
24h High $0.0981
24h Low $0.0934
24h Volume (BAKE) 6.42M
24h Volume (USDT) $614,096.25
Exchange Binance
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📈 Key Technical Levels
Level Price Significance
Resistance 1 $0.0981 Daily high — minor breakout point
Resistance 2 $0.1008 Depth resistance, round number level
Support 1 $0.0946 Near current price — minor cushion
Support 2 $0.0934 24h low — key support zone
Support 3 $0.0930 Lower edge — potential liquidity grab
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📉 Indicators & Momentum
Indicator Value Signal
MA(5) 273,511.1 Price under MA — bearish short-term
MA(10) 253,488.3 Confirms soft trend down
Volume (Current) 143,229.7 Below both MAs — waning interest
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⚙️ Trade Ideas
🔵 Range Play Long (Scalp)
Entry: $0.0935–$0.0945
Target: $0.0975–$0.0980
Stop Loss: Below $0.0929
➡️ Targets a bounce off support with tight stop.
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🔻 Breakdown Short
Trigger: Close below $0.0930
Target: $0.0895–$0.0870
Stop Loss: Above $0.0950
➡️ If BAKE breaks $0.0930 support, momentum could accelerate downward.
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📌 Outlook Summary
Factor Status
Trend Weak downtrend
Momentum Bearish bias
Volatility Moderate
Bias Slightly bearish unless reclaiming $0.098+
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Would you like a comparison chart of DeFi tokens like BAKE, DODO, FARM, HIFI based on recent strength, volume trends, and volatility rankings?
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