🔻 $RARE

USDT BEARISH BREAKDOWN IN PLAY – SHORT OPPORTUNITY AHEAD

$RARE is showing clear weakness after repeated rejections from the resistance zone near 0.0515 – 0.0520, indicating sellers’ dominance. Current price is 0.0492, and with this bearish continuation pattern, a further drop seems imminent.

Key Levels:

Resistance: 0.0515 – 0.0520

Immediate Resistance: 0.0505

Support: 0.0423 – 0.0422 (Target zone)

Trade Setup:

🔻 Short Entry: 0.0495 – 0.0505

🎯 Take Profit: 0.0423 – 0.0422

🛑 Stop Loss: 0.0520

Market Outlook:

The chart is forming consecutive bearish channels with lower highs and lower lows. Sellers are holding control below 0.0505, and failure to break above this will accelerate downside momentum towards the 0.0422 major support zone.

Risk Management:

Use <1-2% risk per trade. Always wait for candle confirmations at entry zones to avoid false breakdown traps.

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