$RARE
USDT BEARISH BREAKDOWN – STRONG SELL PRESSURE LOOMING!
The market structure for $RAREUSDT is indicating a bearish continuation after failing to reclaim its key resistance zone.
🔑 Key Levels:
Resistance: $0.0490 – $0.0520
Support: $0.0460
Current Price: $0.0482
📉 Trade Setup (Short Entry):
Entry: $0.0482 – $0.0485
Target (TP): $0.0460
Stop Loss (SL): $0.0491
💡 Market Outlook:
The downtrend remains intact with a series of lower highs and lower lows. Price attempted a recovery but faced rejection at resistance, confirming sellers’ dominance. If the bearish momentum continues, the price could slide towards the $0.0460 support area.
⚠️ Risk Management:
Always use strict SL at $0.0491 to protect capital. Do not overleverage and risk only 1-2% per trade to stay consistent in the long run.
💭 “The market doesn’t move on your wish – it moves on its plan. Follow the trend, not your emotions.”
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buy and trade here on $RARE