š $RARE /USDT Complete Long & Short Trade Setup š
Current Price: $0.1037 š (+0.19%)
24H High: $0.1352
24H Low: $0.0947
Order Book Sentiment:
š¢ 62.48% Buyers vs š“ 37.52% Sellers
---
š Long Trade Setup (Bullish Bias)
Bullish Technical Analysis
1. RARE bounced from $0.0947 and is trying to reclaim $0.1050 resistance.
2. Buyers dominate the order book, showing interest in accumulation.
3. Previous candle shows a wick rejection at the bottom ā possible reversal zone.
4. Volume is picking up slightly, indicating a bullish attempt.
ā Long Entry (Buy Zone):
Buy between: $0.1020 - $0.1040
šÆ Target 1: $0.1080
šÆ Target 2: $0.1120
š Target 3: $0.1200
š Stop Loss: $0.0990
š Long Strategy Notes:
Price must break $0.1080 with volume for trend continuation.
Use trailing stop-loss once it passes $0.1120 for better profit locking.
---
š Short Trade Setup (Bearish Bias)
Bearish Technical Analysis
1. Price is still in a downtrend from the $0.1352 high.
2. Multiple lower highs and lower lows confirm short-term bearish momentum.
3. Failure to hold above $0.1050 could trigger another leg down.
4. If $0.1000 support breaks, expect selling acceleration.
š» Short Entry (Sell Zone):
Sell between: $0.1040 - $0.1060
šÆ Target 1: $0.1000
šÆ Target 2: $0.0960
š Target 3: $0.0930
š Stop Loss: $0.1085
š Short Strategy Notes:
Best for scalp and intraday trades unless $0.0930 breaks for swing short.
Monitor BTC price action closely ā altcoins often follow major trend.
---
š Final Verdict:
š Bullish above $0.1080 (Target $0.12+)
š Bearish below $0.1000 (Target $0.093)
Key Pivot Zone: $0.1050 ā breakout = long; rejection = short
ā ļø RARE is volatile ā use tight stop-losses and adjust position sizes accordingly!