$RARE The recent long liquidation at $8.0182K around $0.10553 indicates that bullish traders were unable to sustain the price at higher levels, leading to a sell off. This suggests that the market could be in a correction or consolidation phase.

Here’s a breakdown of the analysis.

Buy Zone.

Primary Buy Zone: $0.1000 - $0.1050

This zone offers a potential entry as the price may stabilize here. Watch for strong support around $0.1000.

Targets.

1. First Target (T1): $0.1150

Minor resistance may appear here. Good for short-term profits.

2. Second Target (T2): $0.1250

A stronger resistance zone. If the price breaks above, it may indicate a bullish trend.

3. Third Target (T3): $0.1350

A high potential target if market momentum increases.

Stop Loss.

Stop Loss. $0.0950

Place your stop-loss slightly below the $0.1000 support to protect against further downside.

Key Observations.

1. Monitor volume and RSI for confirmation.

Volume. Increasing buying volume near the buy zone indicates strong support.

RSI. If the RSI (Relative Strength Index) approaches oversold levels (<30), it can be a good buying opportunity.

2. Pay attention to Bitcoin’s movement.

If BTC remains stable or bullish, $RARE has a higher chance of bouncing from the support zone.

3. Use trailing stop-loss once the first target is achieved to lock in profits while reducing risk.

Caution. Cryptocurrency trading is volatile. Always manage your risk, and avoid over-leveraging. Stay updated with market trends and news for potential impacts on $RARE's price.

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