Technical analysis by Zorroreny about Symbol BAKE: Buy recommendation (5/5/2025)

BAKE following perfectly XRP pattern - broke major diagonal resistance line, created local horizontal support range just to fake break down from it. In order to keep following XRP pattern BAKE needs to bounce up asap and flip local range back into support, thus opening path for push to new ATH.Diped to new ATL, bounced back but got strongly rejected from last S/R range. We are back at oversold zone, where we can dip a bit more but eventually expect bounce back up to test S/R at 0.25$ again.