$BAKE USDT short trade signal 🚦 🛑
BEARISH STRUCTURE BREAK — POTENTIAL DROP IN MOTION 🔻
$BAKEUSDT has broken down from a key intraday support near the $0.097–$0.098 zone, confirming a bearish structure shift. The price failed to hold above the mid-range resistance and is now forming lower highs on the 15m chart, indicating selling pressure. A clean rejection from the supply zone near $0.1037 strengthens the case for a short opportunity targeting deeper liquidity.
🔻 Short Trade Setup
• Entry Zone: $0.0969 – $0.0954
• Take Profit 1: $0.0900
• Take Profit 2: $0.0841
• Stop Loss: $0.1037
📉 Market Outlook:
Despite today's +13% move, momentum is fading fast. Volume is not supporting a continuation, and lower timeframe candles are closing below key EMAs. Unless strong buyer interest steps in soon, BAKE is likely to retrace deeper into previous demand zones.
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