$BAKE

USDT BEARISH BREAKDOWN – MARKET SHOWING WEAKNESS ⚠️

The market for $BAKEUSDT is experiencing a sharp bearish move with price currently at 0.0908, down 7.06%. The recent breakdown below support shows strong seller dominance, with little bullish defence.

🔑 Key Levels:

Resistance: 0.0950 – 0.1000

Support: 0.0850 (tested wick low) and next at 0.0818

Current Price: 0.0908

🎯 Trade Setup (Short):

Entry Zone: 0.0910 – 0.0920

Targets:

TP1: 0.0885

TP2: 0.0855

TP3: 0.0820

Stop Loss: 0.0952

📉 Market Outlook:

The sharp bearish candle with a rejection from the intraday spike shows weakness continuing below 0.0950. If the market fails to reclaim above this resistance zone, further downside towards 0.0818 remains likely.

⚠️ Risk Management:

Always use strict SL, risk only 1-2% per trade, and manage positions actively to lock profits at each TP.

💬 Comment “🔥” if you caught this move or are planning to short BAKE below key resistance levels.

#CryptoAnalysis #BAKEUSDT #BearishSetup #ShortTrade #RiskManagement