$RARE Rising again 🔥
RARE's price movements have been remarkably volatile. After its futures trading launch, it skyrocketed to $0.35, only to plummet to $0.09. This drastic fall exposed underlying vulnerabilities.
Recently, RARE has risen from $0.096 to trade around $0.146, sparking optimism. However, caution is warranted due to its erratic history.
Congratulations to traders who have navigated this turbulent market. Approach with caution and consider risk management strategies.Here's the analysis:
RARE's future targets and pullback levels indicate potential growth. Short-term targets include $0.175 and $0.20, while mid-term targets are $0.25 and $0.30. Long-term targets suggest $0.40 and $0.50.
Pullback levels to watch are $0.135 and $0.125 for minor corrections, $0.115 and $0.105 for medium pullbacks, and $0.096 and $0.085 for major pullbacks.
Key levels to monitor include a breakout above $0.175, which could propel RARE to $0.25, and failure to hold $0.135, leading to a pullback to $0.125. Strong support remains at $0.096; a break below could indicate a trend reversal.
