🖼️ $RARE /USDT – NFT Token Pumps +14%, But Momentum Fading?

$RARE spikes above resistance, but signs of exhaustion are emerging — time for a pullback? 🎯📉

📍 Current Price: $0.0535 (+14.32%)

📈 24h High: $0.0625

📉 24h Low: $0.0466

🔁 24h Volume: 496.49M RARE / $27.45M USDT

🔥 Category: NFT | Gainer | Traders League

📊 Bollinger Bands (20,2)

🔹 Upper Band (UP): $0.0564

🔹 Middle Band (MB): $0.0500

🔹 Lower Band (DN): $0.0437

📌 RARE is trading just below the upper band — a rejection here could spark a correction.

🎯 Bearish Setup (Short-Term Reversal Play)

🔴 Entry Zone:

$0.0535 – $0.0560 (Resistance + overbought zone)

❌ Stop Loss:

$0.0589 (Above recent breakout candle)

📉 Target 1:

$0.0500 (Bollinger mid-band)

📉 Target 2:

$0.0466 (24h support)

📉 Target 3:

$0.0437 – $0.0415 (Lower BB zone / extended move)

🧠 Pro Tip:

Volume is slowing down near the top — common for fakeout spikes

Great opportunity for scalpers and range reversion traders

Wait for confirmation candle rejection before entering

⚠️ Risk Note: Strong volume above $0.0589 = invalidate setup, bulls take control.

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