$BAKE Explosive Reversal in Progress!
After weeks of bleeding, Price just delivered a monster bounce off the lows — and the technicals are getting interesting across all timeframes
15mins Chart Outlook
Price spiked from 0.0812 → 0.1172 in a vertical rally 🚀
Strong profit booking followed, now consolidating around 0.095–0.096
MA7, MA25, MA99, MA200 — all aligned bullishly on the lower timeframe
4Hr Chart Outlook
Finally broke above the death zone of MAs (all compressed below price for weeks)
Now approaching MA200 @ 0.0984 — this is a critical flip level
A clean 4Hr close above this level can confirm trend reversal
1Day Chart Outlook
First bullish engulfing daily candle after a brutal downtrend
Rejection near MA99 (~0.116), so some cooling expected
Daily trend flips bullish only if we reclaim 0.1161 (MA99) and hold above 0.10
Key Levels
🟢 Support: 0.093 / 0.088
🔴 Resistance: 0.0984 / 0.116
📈 Breakout Confirmation: Daily close above 0.116
Conclusion : #BAKE is showing early signs of life. If the momentum sustains, this could be the start of a major reversal phase — but bulls need to reclaim the higher MAs soon.