$RARE Rebound Showing Promise❗$RARE is attempting a rebound after bouncing off the support near $0.0627. The price has recently surged to $0.0673, reflecting a steady recovery with a notable gain.
Technical Overview:
StochRSI: Currently at 73.5, indicating a neutral bullish momentum
Price Action: Bullish continuation setup, forming higher lows after bottoming out near $0.0627
Volume: Trading volume has been relatively steady with 256.3M RARE traded in the last 24 hours
Key Levels:
Immediate Resistance: $0.0720 – the 24h high, which will need to be cleared for further upside
Support Zone: $0.0627 – recent low that serves as a solid support level
Next Potential Target: $0.0700 – if momentum continues
Sentiment:
Order Book Sentiment: 69.79% buy orders, showing a strong demand to the upside
Outlook:
The price is showing bullish momentum, and as long as it stays above $0.0627, there’s potential for further upside. Keep an eye on the $0.0720 resistance level, a breakout could signal further gains in the coming hours.
buy and trade here $RARE