🔥 $BAKE Breakout Brewing or Breakdown Ahead? 🔥
$BAKE is trading at $0.0996 (-0.60%), hovering just above the 7-EMA and slightly under the 25-EMA.
With support seen at $0.0963 and resistance near $0.1038, a volatility squeeze is in play.
📊 Technical Snapshot:
• EMA(7): $0.0994
• EMA(25): $0.0998
• EMA(99): $0.1012
• 24h High: $0.1038
• 24h Low: $0.0963
🎯 Trade Setup – Range to Breakout Play:
• Entry: $0.0995
• TP1: $0.1025
• TP2: $0.1048
• Stop Loss: $0.0960
Keep an eye on volume spikes – this range could snap any moment.
📉 Breakdown = Retest $0.0930 | 📈 Breakout = Rally to $0.1080+
