The $RARE /USDT chart shows a strong breakout, with the price surging from around $0.0201 to $0.0232, and a recent high of $0.0254. The volume is high, which suggests strong momentum, and the price is above key moving averages, indicating a bullish trend.
Entry Points:
You could enter at the current price of $0.0232, or wait for a pullback to around $0.0220 to $0.0218 for a better entry point.
Stop Loss:
Place your stop loss just below the recent low at $0.0201 to protect against a deeper pullback.
Take-Profit Levels:
First TP at $0.0250, near the recent high.
Second TP at $0.0254, targeting the peak price.
Third TP at $0.0260 if the bullish momentum continues.
With increasing volume and the price above the key moving averages, there’s strong potential for more upside. However, given the sharp rise, be prepared for possible pullbacks, and adjust your stop loss accordingly to secure profits.
RAREUSDT
Perp
0.02238
-3.07%