#rare buy n hold sentiment
Over the past month, RARE has remained range-bound between ‑0.18%), testing support near $0.0517. On-chain metrics reveal heavy token concentration: a few large holders control a significant share, raising concerns about centralization .
Technically, recent analysis highlights a neutral to bearish bias: neutral daily signal, weekly “sell” signal, and overall low momentum . Longer-term technicals show bullish breakouts—RSI entered overbought territory and the price surged past key resistance—though risk of profit-taking looms .
In summary, RARE is consolidating near $0.052 with mixed technical cues. Watch for a breakout above $0.055 (bullish) or a drop below $0.05 (bearish), especially amid token concentration and market sentiment.
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