Alert for price breakout $RARE /USDT - Increasing bullish momentum
Current price: $0.0592
Change over 24 hours: +23.33%
Increased trading volume: 218.94 million RARE coins traded in the last 24 hours
Why this trade?
RARE has shown strong bullish momentum with a significant increase in trading volume and a clear breakout above key resistance areas. The continuous higher lows on the 15-month and 1-hour chart indicate ongoing buyer interest. This momentum, along with the strength of the NFT sector, suggests further upward potential.
Entry area: $0.0585 - $0.0595
Stop loss: below $0.0544 (previous support and consolidation base)
Targets:
• Target 1: $0.0630 - near-term resistance
• Target 2: $0.0668 - area of weekly high
• Target 3: $0.0705 - psychological and technical breakout target
The RARE token is currently experiencing significant interest from traders, making it a strong candidate for short-term breakout gains. Keep the stop loss tight and ride the trend.
Buy and trade here at $RARE