$RARE is on fire, skyrocketing 115% in last 7 days. But the big question is—can it keep going up, or is a pullback coming? Let’s break it down in simple terms so you know what’s happening and what’s next.
What’s Driving RARE’s Price Up?
1. Massive Buying Pressure – The surge means traders are piling in, pushing the price higher.
2. Bullish Momentum – Key technical indicators show strong upward movement, attracting more buyers.
3. FOMO (Fear of Missing Out) – As prices jump, more traders want in, fueling the rally further.
Can It Go Higher? Let’s Look at the Technicals
• Resistance (Where Price Might Struggle) → $0.15 – This is a level where the price may slow down or pull back.
• Support (Where Price Might Bounce Back Up) → $0.10 – If RARE dips, this level could act as a floor.
• Overbought Signals? – The RSI indicator (which tells us if an asset is overbought) shows RARE is in a danger zone. This means it could pull back before moving higher.
Trade Setup – What Should You Do?
For Bulls (If You Think It’ll Go Up More)
• Look for a break above $0.15 → This could push the price toward $0.20 next.
• Buy on dips → If RARE pulls back near $0.10, it might be a good entry.
• Stop-loss at $0.08 to manage risk.
For Bears (If You Think It’ll Drop Soon)
• If RARE struggles at $0.15, it might reverse.
• A drop below $0.10 could push it lower, back toward $0.08.
Final Thoughts
RARE’s 70% pump is exciting today, but be cautious—when something jumps this fast, big swings can follow. If you’re trading, manage your risk wisely and don’t chase blindly.
🚀 Will RARE break $0.15 and run higher, or is a pullback coming? Let us know your thoughts! 👇
