๐ฅ $RARE โ Long Breakout Alert ๐ (Thrilling Trade Setup)
$RARE is currently stabilizing near support after a rejection at resistance, showing buildup for a potential continuation move. Price has been holding above a key demand zone thatโs absorbed selling pressure โ signaling bulls stepping in on dips. Recent structure on lower timeframes remains constructive with higher lows intact, and momentum compression often precedes explosive moves.
๐ Trade Setup:
โก๏ธ Entry Zone: 0.0263 โ 0.0266
โก๏ธ Target 1: 0.0272
โก๏ธ Target 2: 0.0280
โก๏ธ Target 3: 0.0292
โก๏ธ Stop Loss: 0.0259
๐ Technical Edge:
โข Price pulled back from ~0.0270 resistance and is holding the support band โ sellers getting absorbed at demand.
โข On the 1H timeframe, the structure keeps higher lows intact and recent candles show buyers defending dips โ a sign of constructive bias.
โข If $RARE breaks and holds above ~0.0270โ0.0272 with solid volume, expect a leg up into the targets as consolidation resolves.
โ ๏ธ Invalidation:
If price breaks below the entry zone and SL, the setup fails and bias may shift back into range trade โ manage risk!
๐ฅ **Stay sharp โ volume confirmation could trigger the next leg!**
