BAKEUSDT is currently trading near the upper resistance of a falling wedge pattern, often seen as a bullish reversal setup. With increasing volume and tighter price action, the market may be gearing up for a breakout. If confirmed, this could mark the beginning of a new upward trend. Traders should stay alert and wait for a clear breakout above resistance to validate the move.
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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.