$BAKE /USDT – BULLISH BREAKOUT IN PLAY
Current Price: $0.0959
24h Change: +16.83%
Timeframe Analyzed: 4H
KEY LEVELS TO WATCH:
Resistance Levels:
$0.1000 (Minor resistance, potential breakout)
$0.1100
$0.1169 (24h High - Key target)
Support Levels:
$0.0930 (Immediate support)
$0.0900 (Strong support base)
$0.0850 (Trend invalidation zone)
TRADE SETUP – LONG ENTRY:
Entry: $0.0950 – $0.0965 (on retest of breakout zone)
Targets (TP):
TP1: $0.1000
TP2: $0.1100
TP3: $0.1169
Stop Loss (SL): $0.0895 (below support and invalidation zone)
Risk/Reward Ratio: ~2.5:1
RISK MANAGEMENT:
Only risk 1-2% of your capital per trade. Use proper position sizing and always stick to SL. The trend looks strong, but never trade without a plan!
Bull momentum is building – watch for volume confirmation on breakout above $0.1000! #TradingStrategyMistakes #ArbitrageTradingStrategy #BTCBreaksATH #ShariaEarn #Write2Earn $BAKE