#BAKE tweet news (Very massive announcement)

#BAKE/BNB Pair

#BAKE Major Announcement 🚀🚀🚀🚀

As the tweet says

#BAKE Big plans coming for their NFT & marketplace

Keep an eye over #BAKE

#BAKE ( Spot )

Entry : 0.1290 $

Targets : 0.1370 - 0.1550 - 0.1860 $

Stop Loss : 0.1230 $

Exchange : #Binance

#BAKE

The bearish candles weakened and the price started to grow after reaching the important support of $0.2200 - $0.2110 and broke the downward trend line, the first target for price growth and also the first resistance level is $0.2600.

#BAKE ( Spot )

Entry : 0.34 $

Targets : 0.39 - 0.51 -0.86 $

Stop Loss :0.30 $

Exchange : #Binance

#BAKE price has reached the support level of $0.2720 - $0.3100 in the 4-hour TF , and if this level is broken, the next support is $0.1750 - $0.1630.

After reaching the price of $0.34 and bottom of the channel , the price of #BAKE started to grow again in the 4-hour time frame, and it has not yet reached the ceiling of the channel. It is possible to reduce the price to the bottom of the channel again.

To protect users and maintain a high quality trading market, #Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.

Based on most recent reviews, Binance will remove and cease trading on the following spot trading pairs:

At 2024-04-12 03:00 (UTC): #BAKE/BNB, #ID/TUSD, #MBOX/BNB, #OP/TUSD, #RDNT/TUSD, #UNI/BNB

#BAKEUSDT has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push received from a successful retest of the channel's lower support.

If #BAKE can break above the descending resistance, supported by the liquidity at $0.36, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.

Should the current resistance hold, we might see a retest of the support level at $0.1860. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move.

If both support levels fail, #BAKEUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move.