$RARE trade analysis - Bottoming Out, High Potential Ahead!

$RARE is hovering near the bottom on the 3-hour chart, with key support holding strong at $0.05.

This level has proven to be a solid accumulation zone, and with a bullish RSI divergence forming, we could be looking at an upcoming reversal.


Key Points:

- There is a massive upside potential – Long-term targets sit at $0.20 and $0.34.

- Price has crossed below the 0.786 Fibonacci retracement level, indicating a deep retrace, but also a prime reversal area.

- I'm watching for volume spikes to confirm entry – low volume = no trade.

- I'll keep my take-profits flexible as always but these are my targets:
$0.111, $0.125, and $0.145, as highlighted in the chart.



My Plan:

I'm not jumping in blindly – waiting for a clear reversal and volume confirmation before entry.

If we get a strong bounce off this zone, I’ll be targeting the marked TPs while managing risk.

Will place stop loss below the support area.