$RARE USDT is trading around 0.0235 after a sharp push that tagged the 0.0245 high. That move came with strong momentum and solid participation as 24 hour volume crossed 48.64 million RARE with about 1.14 million USDT flowing through the pair. After the spike price did not collapse. Instead it cooled down and moved sideways which is often where pressure builds.
The range is clear. Support is holding near 0.0224 to 0.0230 where buyers stepped in earlier. Resistance sits near 0.0245 which is the recent high and the level everyone is watching. The current price is compressing between these zones and volatility is tightening on the 15 minute chart which usually means a bigger move is loading.
The structure still looks healthy. Higher lows are visible from 0.0231 and sellers failed to push price back to the base. If momentum returns and volume expands again a clean break above 0.0245 could open the door for continuation. If it becomes weak below 0.0224 then a deeper pullback may follow.
