BAKE/USDT Potential Bounce and make a Bullish Momentum ??

Yello Paradisers, Keep an Eye on BAKE: Navigating a Major Descending Channel

💎 BAKE continues to operate within a significant downward channel.

💎 Previously, it experienced a sharp rally, reaching a Bearish Order Block (Bearish OB) where it faced a strong bearish rejection and subsequently declined.

💎 Looking at the chart, BAKE shows potential for a bounce as it approaches a resistance zone. Should BAKE face rejection at this point and decline, it's likely to breach a crucial support level, setting new lows. On the flip side, if BAKE manages to break and sustain above the resistance zone, it could retest the previous Bearish OB.

💎 This analysis would be invalidated if BAKE breaks through the key support level and closes below it on the daily chart.

Trade active:

🌴 #BAKE Free Signal update 🌴
💎Target 1 $BAKE/USDT have been successfully met 🍾

💎Profit generated: 23.67% 📈
💎Duration: 18 Days 0 hours and 33 Minutes ⏰

Trade closed: stop reached:

🌴 #BAKE Free Signal update🌴
💎All targets for #BAKE/USDT have been successfully met 🍾

💎Profit generated: 46.37% 📈
💎Duration: 1 Month 4 Days 23 Hour 54 Minutes ⏰