Alpha_Trader_Elaya
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Bearish
$BAKE USDT BEARISH COLLAPSE – DELISTING FEARS DRIVE PRICE DOWN -22% ⚠️
BAKE has suffered a steep crash from $0.0908 to $0.0610, wiping out over 22% in value as delisting news sparks heavy panic selling. Despite a short-lived bounce from the $0.0503 low, sellers remain in firm control, and volatility is expected to continue as traders exit positions.
Trade Setup (Short Entry):
Entry Zone: $0.0615 – $0.0630
Target 1 (TP1): $0.0550
Target 2 (TP2): $0.0500
Stop Loss (SL): $0.0680
Market Outlook:
The outlook remains bearish as long as BAKE trades below $0.0680. With the delisting date approaching, selling pressure is likely to dominate. Only a strong recovery above $0.0700 could signal a temporary relief rally, but overall sentiment favors further downside.
#BAKE #Delisting #Bearish #CryptoTrading #Binance
buy and trade here on $BAKE
{spot}(BAKEUSDT)
BAKE has suffered a steep crash from $0.0908 to $0.0610, wiping out over 22% in value as delisting news sparks heavy panic selling. Despite a short-lived bounce from the $0.0503 low, sellers remain in firm control, and volatility is expected to continue as traders exit positions.
Trade Setup (Short Entry):
Entry Zone: $0.0615 – $0.0630
Target 1 (TP1): $0.0550
Target 2 (TP2): $0.0500
Stop Loss (SL): $0.0680
Market Outlook:
The outlook remains bearish as long as BAKE trades below $0.0680. With the delisting date approaching, selling pressure is likely to dominate. Only a strong recovery above $0.0700 could signal a temporary relief rally, but overall sentiment favors further downside.
#BAKE #Delisting #Bearish #CryptoTrading #Binance
buy and trade here on $BAKE
{spot}(BAKEUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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