$RARE From Rocket to Reversal: Gravity Hits Fast Movers....
$RARE just completed a parabolic rally, printing sharp wicks and losing momentum right at the top. The sequence of red candles now forming signals an exhaustion of buying power. Smart traders may see this as a textbook setup for a short-term correction.
đ Short Trade Setup
âą Entry Zone: 0.0565 â 0.0572
âą TP1: 0.0535
âą TP2: 0.0502
âą TP3: 0.0475
âą Stop Loss: Above 0.0585
Strategy Note:
High volume pumps often end in sharp dumps â and RARE is showing early signs of that pattern. Rejection from the top wick and increasing selling pressure suggest a short setup with a clean risk-to-reward structure.