$RARE
Long Liquidation Alert: $9.9697K at $0.06502
A liquidation event often signals volatility and a possible shift in market sentiment.
Buy Zone
Entry Range: $0.0645 – $0.0660
Reason: The liquidation around $0.06502 indicates that many leveraged traders got wiped out, which could lead to a short-term price rebound if buyers step in.
Target Levels
1️⃣ TP1: $0.0690 – Minor resistance level, safe profit booking.
2️⃣ TP2: $0.0725 – Strong resistance, potential breakout level.
3️⃣ TP3: $0.0780 – Bullish target if momentum continues.
🛑 Stop Loss
$0.0628 (Below key support)
Why? If the price breaks below this, further downside is likely.
Market Overview
Bullish Case: If RARE reclaims $0.0660, a bounce toward $0.0690+ is likely.
Bearish Case: Losing $0.0645 could trigger further declines toward $0.0600.