$BAKE /USDT BEARISH MOVE IMMINENT – SHORT SETUP AHEAD!

TECHNICAL ANALYSIS:

BAKE is currently trading at $0.0915 after a sharp +8.06% move. However, this bounce looks exhausted near key resistance and shows signs of potential bearish reversal on lower timeframes.

KEY LEVELS:

Resistance:

$0.1169 (24h High)

$0.0940 (Short-term barrier)

Support:

$0.0900 (Immediate)

$0.0884 (Breakdown trigger)

$0.0828 (24h Low / Major support)

TRADE SETUP (SHORT):

Entry: $0.0910 – $0.0925 (Wait for rejection candles )

TP1: $0.0884

TP2: $0.0828

SL: $0.0945 (Above resistance zone)

RISK MANAGEMENT:

Risk only 1-2% of capital per trade. Stick to SL, and do not chase the move after breakdown.

Wait for confirmation before entry. Manage risk like a pro, not like a gambler!

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