$RARE /USDT – Breaking Down with Bearish Strength!

#RARE has plunged to $0.0592 after failing to sustain above the $0.0639 resistance. The price is forming a clear lower-high and lower-low pattern, confirming a strong bearish grip.

Current Price: $0.0592

24H High / Low: $0.0650 / $0.0585

24H Volume: 151.62M RARE

15M Chart Breakdown:

Strong bearish candles with consistent pressure

Breakdown below $0.0600 confirms selling continuation

No signs of bullish recovery yet

Short Trade Plan:

Entry Zone: $0.0595 – $0.0600

Final Target: $0.0570

Stop Loss: $0.0615

Why Short?

The market structure has flipped bearish with no strong support in sight until the $0.057 area. High sell volume and weak candle rejections confirm continued weakness.

Risk Tip:

Trail stop-loss as price drops to secure gains or exit on bounce near resistance.

Take short trade here on $RARE