🚨 $RARE /USDT: Bullish Run Losing Steam – Time for Caution!
$RARE catapulted to $0.0625 (+20.13%), but momentum is fading on the 15M chart. After a rapid rally from the $0.046 base, rejection candles at resistance highlight profit-taking and a possible pivot.
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📉 Short Trade Setup
Entry Zone: $0.0575 – $0.0595
TP1: $0.0535
TP2: $0.0502
TP3: $0.0470
Stop Loss: $0.0618
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📊 Market Pulse
Parabolic rise now transitioning to back-to-back red candles.
Resistance around $0.062 is proving formidable, with multiple upper wicks confirming bearish pressure.
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⚠️ Tactical Insights
1. Key Zone to Watch: Consolidation below $0.0585. Failure to reclaim signals further downside potential.
2. Pro Tip: Use a tight SL to guard against volatility and preserve capital.
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RAREUSDT | Perpetual Futures
🔹 Current Price: $0.05649 (+19.42%)
🔹 Is this the start of a bear reversal, or just a pause in the rally? Trade wisely!