$BAKE has seen a notable decline of 3.342% over the past 24 hours.
The price fluctuated between a high of 0.1154 and a low of 0.109.
Currently, it is approaching the key support level at 0.109.
Traders appear cautious, and sentiment remains undefined amid recent price action.
The RSI at 38.43 indicates oversold conditions, suggesting potential for a rebound.
If the price tests support and fails, a bearish breakout could ensue.
Conversely, a bounce above 0.1147 resistance may signal renewed buying interest.
No major news has surfaced to catalyze these movements, indicating market-driven dynamics.