#BAKE/USDT #Analysis Description --------------------------------------------------------------- + BAKE has repeatedly retested a key support zone, demonstrating resilience as the price continues to hold strong at this level. The latest test of this support presents a potential opportunity for a bounce back. + Multiple Retests: The price has tested this support zone multiple times, each time holding firm, which reinforces the strength of this level. + Current Setup: The price has once again hit the support, and we anticipate a bounce back from this zone, offering a favorable setup for a long trade. + Trade Opportunity: Given the consistent strength of this support zone, entering a long position with a target based on the expected bounce could be a promising strategy. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.2918 Stop Loss: 0.1790 ------------------------------ Target 1: 0.3442 Target 2: 0.4085 Target 3: 0.5613 Target 4: 0.8131 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
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