FieryTrading

🔥 BAKE Bullish Channel: Gains Ahead

Long
BINANCE:BAKEUSDT   BAKE / TetherUS
Since its inception on Binance, BAKE as been on a steady decline. This decline ended around a month ago with the price bottoming out around $1.45.

Together with the rest of the market, BAKE has seen a steady increase in value over the last couple of weeks. This steady increase in price could very well be an indication of strong price action to come.

Two main targets for the current bullish move are $3.4 and $4.85, with a major support marked on the chart.

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