🚀 $RARE Breaking Resistance or Just a Fakeout? Let’s Dive In! ⚔️
🔹 Current Price: $0.0644
🔹 24h Change: +7.69%
🔹 24h High: $0.0712
🔹 24h Volume: 193.60M RARE — significant surge in trading activity shows strong market interest
📊 Technical Highlights:
✅ EMA(7) at $0.0635 crossed above EMA(25) at $0.0601 — bullish momentum confirmed
✅ Price is trading well above EMA(99) at $0.0571 — holding post-breakout structure
✅ Strong reversal from $0.0466 low to $0.0739 peak — +58.5% upside swing
✅ RSI(6) at 55.79 — momentum cooling off after a short overbought touch, still bullish
🎯 Take Profit Targets:
- TP1: $0.0685 ➜ +6.4%
- TP2: $0.0718 ➜ +11.5%
- TP3: $0.0775 ➜ +20.8%
🛡️ Stop-Loss Suggestion: $0.0602 — below EMA(25) to protect against false breakout retracement
💡 Smart Reminder: Watch volume and RSI closely — if price holds above EMA cluster with steady volume, a continuation rally is more likely.
Is $RARE prepping for another leg up or will it stall near resistance?
Share your thoughts with the community 👇