$RARE is showing strong bullish momentum on Binance, with the price currently trading around 0.0239 USDT, up ~17% in the last 24 hours. This move comes after a clean bounce from the 0.0208 support zone, followed by an impulsive push upward — a classic momentum shift.
Market Structure & Price Action
24H Low: 0.0201
24H High: 0.0254
Current Price: ~0.0239
Trend Shift: Short-term trend has flipped bullish
On the 1H timeframe, we see:
Strong bullish engulfing candles
Higher highs & higher lows forming
Momentum candles with limited pullbacks → buyers are in control
The recent move looks like a breakout attempt from consolidation, followed by continuation. Price is now hovering just below a local resistance zone, which is healthy before another leg up.
Key Levels to Watch
Support Zones
0.0225 – 0.0230 → First intraday support
0.0208 – 0.0212 → Major demand zone (strong bounce area)
Resistance Zones
0.0248 – 0.0255 → Immediate resistance (recent high)
0.0270 – 0.0285 → Next expansion zone
0.0310+ → If momentum accelerates
Trade Setup (Momentum-Based)
Entry Zone:
0.0230 – 0.0240 (pullback or continuation entry)
Target 1 🎯:
0.0255 (recent high / breakout confirmation)
Target 2 🎯:
0.0278 (measured move + liquidity zone)
Target 3 🎯:
0.0305 – 0.0315 (extension if volume expands)
Stop Loss 🛑:
0.0218 (below structure & prior support)
Scenario Outlook
If 0.0255 is broken with strong volume, $RARE can enter a price discovery leg, pushing fast toward 0.028+.
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