$RARE 🎯🎯🎯 Upcoming targets and recommendations are found at the bottom of the description 🎯🎯🎯 RARE has strong upward potential but requires careful monitoring of key support and resistance levels. It is advised to make trading decisions based on price movement and not just sentiment.
The currency has witnessed a strong increase of 6.96% over the last 24 hours, with active trading volume exceeding $20 million. Its current price ranges between 0.0610 as strong support and 0.0752 as key resistance.
Key Points
1. The current upward momentum is supported by large trading volume indicating trader interest
2. The targeted market, which is the NFT sector, gives the currency special significance
3. There is a gap between support and resistance levels that provides good trading opportunities
Expected Targets 🎯🎯🎯
In the short term, if the level of 0.0752 is breached, the currency may target the level of 0.0850 then 0.1000 as the next target. However, if it retraces, it is expected to find support at 0.0610 then 0.0550.
Trading Recommendations 🎯🎯🎯
For Buyers 🟢🟢: Enter at 0.0650-0.0670 with a stop loss below 0.0600
For Conservatives 🟢🟢: Wait for confirmation of a breach at 0.0752 before increasing positions
For Investors 🟢🟢: Take some profits at 0.0850 in case of an upward movement