$RARE
Short positions being passively covered, market gaining strength 🔥
RARE had approximately $2.09K of short liquidation around $0.0223, and the price subsequently surged about 5%, indicating that some shorts were forced out. In the short-term structure, prices continue to elevate the lows, and buying pressure is responding positively, with short-term bulls in control.
Key reference points:
Support area: $0.0215
Focus range:
$0.0216 – $0.0224
Upside targets:
T1: $0.0240
T2: $0.0265
T3: $0.0300
Risk control:
Stop-loss reference: $0.0209
Momentum observation:
As long as the price remains stable above $0.023, the short squeeze market is expected to continue, further testing the $0.026+ area.
The above is a personal market opinion share and does not constitute any investment advice.
$PIPPIN
