#TradingAnalysis101 The downtrend may not be over yet. Bears are still active, and another drop to $0.10 could occur if the downward momentum continues to weaken.
📊 Important levels to watch
🔻 Support: $0.11 – A break below this level could send RARE towards $0.10.
🔺 Resistance: $0.12 – Bulls need to reclaim this level for any short-term reversal.
🎯 Trade setup – What’s next?
📉 Short setup: If RARE loses $0.11, expect a drop to $0.105 and then to $0.10.
📈 Long setup: A recovery above $0.12 could push RARE back towards $0.13 and $0.145.