🚨 RARE Takes a Hit: Bearish Outlook 📉
$RARE has seen a significant price drop, with a recent high of 0.26 and a current low of 0.18.
The token is currently exhibiting a bearish trend, suggesting potential for further downside movement. ⚠️
Trading Setup:
-Short Entry: 0.24 - 0.22
-Targets: 0.17, 0.15
-Stop Loss: 0.27
Risk Management:
The stop loss above the recent high helps limit potential losses.
👍Multiple targets offer opportunities for profit-taking. 🎉
Market Context:
The overall bearish trend for RARE suggests potential for continued price decline. 📉
Traders should remain vigilant for changes in market conditions and adjust their strategies accordingly. ⚠️
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