🚀 BAKE/USDT 4H Pump‑Style Update (Old‑School Format) 🚀
Current price: ≈ $0.0856 USDT (📉 –0.34% in last 24 h; down ~6.7% over the month)
24 h Volume: ~$14 M (~56% of market cap)
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📊 Last 4 Hours Snapshot
BAKE rebounded off the $0.0839–$0.085 zone, forming a base within $0.085–$0.087 on steady volume. Indicators on the 4 h chart show StochRSI is oversold — classic setup for a bounce . Additionally, TA chatter notes bullish formation after the price tested a triangle pattern .
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📍 Entry Zone: $0.0850 – $0.0860
🎯 Target 1: $0.090
🎯 Target 2: $0.095
🎯 Target 3: $0.100
❌ Stop Loss: $0.0835 (below recent low)
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✅ Bias: Neutral‑to‑Bullish bounce/triangle breakout setup
Oversold StochRSI on 4 h indicates potential reversal
Bullish commentary on triangle retest and breakout readiness
Holding above critical support with decent volume supports upside
📊 Key Levels:
Support: $0.0835–$0.0850 — base to maintain
Resistance: $0.090 → $0.095 → $0.100
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🔥 Context:
BAKE (BakeryToken) is a BNB–chain token used for governance, staking, and NFT farming, with a ~$25 M market cap and ~$14 M volume, reflecting ~56% vol-to-cap ratio . The token is historically volatile (~5.9% daily) with potential for swift moves .
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🎯 Summary
BAKE is forming a bullish base near $0.085 with promising technical cues. Entry zone: $0.0850–$0.0860, stop at $0.0835. A breakout above $0.090 on volume could trigger moves toward $0.100. Watch for confirmation — this could be a low-risk bounce trade! 🌕
DYOR – Not financial advice