$RARE USDT BULLISH REBOUND SETUP – READY FOR A QUICK SCALP?
$RAREUSDT has shown a strong reaction from its local support zone after a sharp sell-off. Price is now hovering around 0.0505 with a potential bullish rebound towards immediate resistance levels.
🔑 Key Levels:
Support: 0.0495 (major intraday support zone)
Resistance: 0.0510 (minor), 0.0532 (target resistance)
📊 Trade Setup (Long):
Entry Zone: 0.0504 – 0.0505
Take Profit: 0.0532
Stop Loss: 0.0495
🧭 Market Outlook: Momentum remains weak due to the recent breakdown, but price is trying to reclaim the broken structure. A quick bullish bounce is expected if the price holds above 0.0504, targeting 0.0532 for a short-term scalp.
⚠️ Risk Management: Use strict SL at 0.0495. Risk only 1-2% of capital per trade. Avoid chasing if price closes below support.
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