💥$RARE /USDT Volatile Movements with Key Zones In Play!🔥

🌟Current Price: 0.0675 USDT

🌟24-Hour High: 0.0752 USDT (Resistance zone)

🌟24-Hour Low: 0.0607 USDT (Support level)

Volume (24H):

🌟RARE: 257.30M

🌟USDT: 17.41M

⚡RARE is experiencing high volatility, with a notable rally followed by a sharp pullback—highlighted in the recent candlestick formations.

⚡Technical Indicators 🧩

Resistance Zone: Strong resistance at 0.0752 USDT; needs to be broken for continued bullish momentum

Support Level: Strong demand observed around 0.0607 USDT—a key area for defending against deeper declines

Bollinger Bands: Expanded, signaling increased volatility and possible breakout scenarios

RSI: Neutral but edging towards oversold, suggesting potential for a bounce if selling pressure weakens

⚡Trading Setup 📝

🎖️Bullish Scenario

Type: Breakout Continuation

👉Entry: Above 0.0680 USDT (confirmed with strong volume)

👇Take-Profit Targets:

🎯TP1 (1:1): 0.0700 USDT

🎯TP2 (1:2): 0.0730 USDT

💢Stop Loss: Below 0.0665 USDT

🎖️Bearish Scenario

Type: Pullback Trade

👉Entry: Below 0.0665 USDT (confirmed rejection at resistance)

👇Take-Profit Targets:

🎯TP1 (1:1): 0.0650 USDT

🎯TP2 (1:2): 0.0630 USDT

💢Stop Loss: Above 0.0680 USDT

⚡Risk Management Strategy ⚠️

In the Bullish Setup, move Stop Loss to Breakeven after reaching TP1 (0.0700 USDT) and book partial profits (~50%)

In the Bearish Setup, move Stop Loss to Entry after achieving TP1 (0.0650 USDT) to protect profits

⚡Key Observations ✍️

1. Volume Confirmation: Crucial for validating breakouts or pullbacks.

2. Watch the 0.0752 USDT resistance zone closely—its breach could signal a strong continuation, while rejection might trigger a consolidation phase.

3. Disciplined execution is key in such volatile conditions.

Disclaimer: #DYOR*

Buy Or Trade With Me On $RARE

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