$BAKE Got Cooked 🔥 Down —5.59%
Failed to hold the range — equal lows swept, fair value gap filled, and now trading near the weak low zone. The breakdown was brutal.
🔍 Key Observations:
• Multiple rejections at 0.0992 supply zone
• Equal Lows (EQL) acted as liquidity bait
• Clean break + FVG formed → quick sell-off
• Price wicked to 0.0818 weak low zone
⚠️ What Now?
• Holding above 0.0850 might trigger a dead-cat bounce
• Major resistance still sits between 0.0941–0.0992
📉 Bearish Setup Plan:
• Short retest near: 0.0940–0.0960
• TP1: 0.0860
• TP2: 0.0820
• SL: 0.0995
Liquidity engineered and price delivered.
Smart money wins — again.
#NFPWatch #SpotVSFuturesStrategy #SaylorBTCPurchase #bake #crypto