$BAKE /USDT Short Trade Setup

Current Price: $0.0961

24h High: $0.0980

24h Low: $0.0330

Entry Zone: $0.0950 – $0.0975 (near resistance)

Target 1: $0.0820

Target 2: $0.0700

Target 3: $0.0580

Stop Loss: $0.1005

Analysis

BAKE has pumped over +170% in 24h, reaching $0.0980 before showing early rejection signs. Such parabolic moves are often followed by sharp corrections. Short positions around $0.0950–$0.0975 could be considered, targeting retracements back to $0.0820 and possibly deeper into $0.0700–$0.0580 if selling pressure increases.

Bias: Bearish unless price breaks and sustains above $0.1000