🔻 $RARE Breakdown Watch Hype Fades, Pressure Builds
$RARE surged aggressively, but the rally now looks overstretched. Sharp upper wicks and back-to-back red candles hint that the momentum has flipped. The bullish steam is cooling and this could mark the beginning of a rapid retrace.
📉 Sell Setup
• Trigger Zone: 0.0565 – 0.0572
• Target 1: 0.0535
• Target 2: 0.0502
• Target 3: 0.0475
• SL: Above 0.0585
🧠 Setup Insight:
When volume spikes and buyers stall at the top, reversals often hit fast. $RARE’s structure shows all the signs of a fading run ideal for tactical shorts with tight stops.