📉 BAKE/USDT: 30-Day Drop & What’s Next?

BAKE/USDT has fallen nearly 32% in the last 30 days, currently trading around $0.107–$0.11. It’s been down about 7% in the last 24 hours, showing one of the sharpest pullbacks among DeFi tokens on Binance.

Technically, BAKE remains in a strong bearish trend, with continuous selling pressure. Key support lies near $0.106–$0.108, and resistance is close to $0.120. Until a reversal is confirmed, the price may continue to consolidate or dip slightly lower.

Some analysts see a potential short-term bounce if BAKE breaks above the $0.120 zone, targeting $0.1540–$0.1690, but only if momentum returns. Binance's price prediction tool suggests a minor recovery — possibly reaching $0.1137 within the next 30 days.

Longer-term forecasts are cautiously optimistic, with some models predicting a slow climb back toward $0.38 by late 2025, assuming market recovery.

🚨 Caution: This is not an ideal entry point. Monitor for trend reversal before entering any long trades.

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