$RARE /USDT – POTENTIAL REVERSAL PLAY
$RARE is showing signs of exhaustion after a sharp spike and retracement. Price is hovering near the 4H support zone around 0.058, with volume cooling off. If bulls defend this level, we could see a bounce toward key targets.
TRADE SETUP
- ENTRY: 0.0580
- TP1: 0.0625
- TP2: 0.0670
- TP3: 0.0725
- SL: 0.0535
- RISK MANAGEMENT: 1-2% max risk. Wait for confirmation candle on 4H before entry.
OUTLOOK
This setup favors short-term scalpers and small account holders looking for a reactive bounce. Watch for volume confirmation and avoid chasing if price breaks below support. If TP1 hits, trail stop aggressively.