š¢ $RARE /USDT ā 4H Long Trade Setup š¢
Market Insight:
$RARE is exhibiting strong bullish momentum, currently up +13.20%, and testing major resistance with volume at 12.98M, notably higher than both the 5 and 10-period moving averages. This signals potential for a sustained bullish continuation.
š„ Entry Zone: $0.0633 ā $0.0654
(Ideal entry near previous breakout and minor support level)
šÆ Take Profit Targets:
⢠TP1: $0.0675
⢠TP2: $0.0702
⢠TP3: $0.0738
š Stop Loss: $0.0590
(Below key support and invalidation level)
š Key Technical Levels:
⢠Support: $0.0633 / $0.0613 / $0.0592
⢠Resistance: $0.0675 / $0.0702 / $0.0738
⢠Pivot Level: $0.0654
š” Pro Tip:
If price breaks and closes above $0.0675 with strong volume confirmation, consider using a trailing stop strategy to capture further upside toward the $0.073+ zone. Monitor closely for volume divergence or rejection at higher resistance to time exits efficiently.