🚨 $BAKE /USDT – BakeryToken Dumps -24%, Testing Crucial $0.059 Support! ⚠️

$BAKE is trading at $0.0592, sharply down after failing to hold the $0.075–$0.09 range. The big question: Will BAKE bounce from $0.059–$0.050 support or extend losses toward $0.0482? Let’s analyze 👇

📊 Market Overview

📍 Current Price: $0.0592

📈 24h High: $0.0908

❄️ 24h Low: $0.0503

📊 Parabolic SAR: $0.0661 (now acting as resistance)

📉 MACD Momentum:

DIF: -0.0068 (bearish pressure)

DEA: -0.0049

MACD: -0.0037 (downtrend continuation)

📈 BAKE Trade Setup – Key Levels to Watch

🔹 Bullish Scenario (If BAKE Holds Above $0.059):

Entry: Above $0.060–$0.061

Targets: $0.0661, $0.0750, $0.0839+

Stop-Loss: $0.0503

🔹 Bearish Scenario (If BAKE Breaks Below $0.059):

Entry: Below $0.0585–$0.0580

Targets: $0.0530, $0.0503, $0.0482

Stop-Loss: $0.0610

🔍 Should You Hold or Sell?

⚠️ BAKE losing momentum with MACD still bearish.

✅ Holding above $0.059–$0.060 may allow a rebound toward $0.066–$0.075.

⚠️ Failure to defend $0.059 could lead to deeper correction into the $0.05 zone.

💡 Pro Tip: 🚀 Best approach is range scalping $0.059–$0.075 until BAKE confirms direction. A strong reclaim of $0.0839+ would flip momentum bullish again.

📢 What’s your BAKE strategy—buying the dip, shorting breakdowns, or waiting for a reversal?

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$BAKE

BAKE

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