$RARE USDT BEARISH SETUP – RELIEF BOUNCE LIKELY, BUT DOWNTREND DOMINATES
After tagging the $0.0495 low, $RARE USDT shows a minor rebound—but the structure remains bearish. The price has broken below key moving averages, with MACD still under pressure and RSI hovering around the oversold zone (28), suggesting weak momentum. Despite the slight uptick, the prevailing trend favors sellers.
📉 Trade Setup: Short Trade Signal
Entry Point: $0.0510–$0.0520
Take Profit: $0.0480 / $0.0465
Stop Loss: $0.0535
Margin: 2-3% of wallet
Leverage: 10x
📊 Market Outlook:
The overall bias remains bearish until a confirmed breakout above $0.0535. The bounce may be temporary, offering short entry opportunities before the next leg down. Volume spike during the dip indicates panic selling—not strength.
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