$BAKE USDT ā BEARISH REVERSAL AFTER MASSIVE SPIKE š»
BAKE pumped over 350% in 24h, hitting a peak near $0.2185 before facing sharp selling pressure. The strong rejection candle signals a likely bearish reversal, with downside targets opening if price fails to reclaim $0.18.
š» Trade Setup (SHORT)
Entry Zone: $0.160 ā $0.170
Take Profit 1: $0.135
Take Profit 2: $0.115
Take Profit 3: $0.095
Stop Loss: $0.185
Leverage: 3xā6x (safe margin 2ā3% of wallet)
š Key Levels to Watch
Resistance: $0.180 ā $0.218
Support: $0.135 ā $0.095
š Market Outlook
Momentum has shifted from buyers to sellers after extreme overextension. If BAKE breaks below $0.150, expect accelerated downside pressure. Only a strong push back above $0.185 would invalidate the bearish setup.