Okay, gotcha. Let's break down this $RARE chart like I'm talking to my trading buddies.
$RARE looking spicy 🔥
That pump came out of nowhere!
We had a clear base building around 0.044-0.045 for a while there. Good accumulation.
Then BAM! Massive volume spike on that candle that broke us above 0.05.
Looks like some serious demand stepped in.
Currently consolidating just under 0.06, which was the 24h high.
That's a key resistance right now.
If we can flip 0.06 into support, next stop could be 0.065 or even higher if momentum holds.
But keep an eye on that volume.
If it drops off, we could see a retrace back to test 0.05 or even the 0.048 zone.
Always manage risk, guys.
Don't chase pumps.
Wait for confirmation.