$RARE
USDT BEARISH BREAKDOWN – SELLERS PUSHING TOWARDS LOWER SUPPORT
📉 Current Price: 0.0488 USDT
Key Levels:
Resistance: 0.0495, 0.0501
Support: 0.0473
Market Explanation:
$RAREUSDT is showing clear bearish momentum with consistent rejections near the 0.0495 resistance zone. The price has broken below minor support and is consolidating near its intraday lows, suggesting a potential breakdown continuation towards the next support.
🔻 Trade Setup (Short Entry)
Entry Zone: 0.0488 – 0.0490
Targets:
TP1: 0.0473 (major support)
Stop Loss: 0.0495 (above resistance zone)
📊 Market Outlook:
The trend remains bearish as long as price trades below 0.0495. A breakdown below 0.0485 with strong volume will accelerate the move towards 0.0473 support.
⚠️ Risk Management:
Always risk only 1-2% of your trading capital per trade. Stick to your stop loss strictly to avoid unexpected losses in sudden reversals.
💬 Comment 🔻 if you’re entering this short setup today!
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buy and trade here on $RARE