Downloading...
BAKE / TetherUS
Long

BAKE / USDT : Breakout Potential

88
BAKE/USDT - Breakout Potential

BAKE/USDT has recently broken above a key resistance zone and is attempting a trend reversal. With the trendline resistance already broken, we are expecting a bullish move towards the $0.124 target, which represents a potential gain of 116.5% from the current price.

Bullish Scenario:

Breakout above the resistance zone confirms the trend reversal, targeting $0.124 with a +116.5% upside.


Pro Tip:

Look for strong volume confirmation during the breakout. Set stop losses just below the breakout level for risk management.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.