$BAKE has seen a solid price increase of 3.669% in the last 24 hours, peaking at 0.0994.
With a low of 0.0952, the price is currently oscillating around key resistance at 0.0994.
The RSI at 64.26 indicates that BAKE is nearing overbought territory, suggesting a potential pullback.
Market sentiment remains undefined, leaving traders cautious about further movements.
If BAKE can break the resistance level, it may attract bullish momentum; otherwise, a rejection could see it test the support at 0.0953.
No major news events currently appear impactful, but ongoing volatility in the cryptocurrency market could influence trader behavior.