š“ $RARE /USDT ā Short Trade Setup š“
Current Price: $0.0657
24H High / Low: $0.0712 / $0.0580
$RARE recently spiked to the upside but is now showing clear signs of weakness on the 15-minute chart, forming lower highs and lower lows. This behavior suggests a likely retracement following a liquidity grab.
š» Short Trade Setup:
⢠Entry Zone: $0.0665 ā $0.0685
⢠Take Profit 1: $0.0630
⢠Take Profit 2: $0.0605
⢠Take Profit 3: $0.0582
⢠Stop Loss: $0.0715
š Reason: Bearish market structure on lower timeframes, with a potential volume divergence indicating fading momentum at higher prices.
š Note: Ideal setup for a quick scalp ā tight risk with a strong reward potential. Look for confirmation with declining volume on price pushes.