$RARE
USDT BEARISH MOVE AHEAD AS MOMENTUM WEAKENS BELOW KEY SUPPORT
RAREUSDT is showing signs of continued weakness after failing to hold above the recent support zone. The market is unable to sustain upward momentum, indicating potential downside in the coming hours.
š Key Levels:
Resistance: $0.0560 ā $0.0580
Support: $0.0500 (critical), below which stronger selling pressure may emerge
Current Price: $0.0524
š Trade Setup (Short):
Entry Zone: $0.0520 ā $0.0535
Targets:
TP1: $0.0505
TP2: $0.0495
Stop Loss: $0.0545
š Market Outlook: Overall trend is bearish on the 1H timeframe with lower highs and lower lows forming. Momentum remains weak below $0.0540. If it breaks the $0.0500 support decisively, further downside extension is likely.
ā ļø Risk Management: Always use strict stop-loss. Do not over-leverage, especially on volatile NFT-based tokens like RAREUSDT.
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buy and trade here on $RARE