🛑$RARE Alert for price breach $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 consistent higher lows on the 15-month and 1-hour chart indicate sustained buyer interest. This momentum, along with the strength of the NFT sector, suggests additional bullish 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
🛑RARE stock is currently experiencing strong interest from traders, making it a strong candidate for short-term breakout gains. Keep the stop loss tight and capitalize on the trend
