$BAKE USDT — Eyeing $0.20 as Key Support/Target Zone
Spot traders can trail stops under $0.14 while targeting $0.18–$0.20. Futures traders should watch for volume confirmation above $0.16 before adding size.
BakeryToken (BAKE) has surged over +50% in 24H, now trading near $0.1511 after hitting an intraday high of $0.1541. The explosive move has shifted short‑term sentiment bullish, but the $0.20 level stands out as both a psychological and technical target.
Market Snapshot:
- Current Price: $0.1511 (+50.20% 24H)
- 24H High / Low: $0.1541 / $0.1097
- Volume: 5.14B BAKE — extremely high turnover, confirming strong participation
- Trend: Sharp breakout from consolidation, price well above short‑term EMAs
Key Levels to Watch:
- Immediate Resistance: $0.155–$0.16 — clearing this could accelerate toward $0.18
- Major Target: $0.20 — aligns with prior supply zone and round‑number psychology
- Support Zone: $0.14–$0.135 — holding this keeps the breakout structure intact
Bullish Drivers:
- Momentum fueled by high volume and strong intraday trend
- Break above $0.16 could trigger FOMO buying toward $0.18–$0.20
- Broader altcoin market showing risk‑on sentiment
