🔴Trade Signal: $RARE /USDT
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ENTER SHORT TRADE
Entry Zone: 0.27 - 0.26 USDT
The price is currently in a strong resistance zone, indicating a potential reversal or bearish momentum.
⚠️Stop-Loss
0.29 USDT
Set your stop-loss above the resistance zone to limit potential losses.
Immediate Profit Target
Target 1: 0.23 USDT
This is the next support level where you might consider taking some profit. A breakdown below this level could signal a stronger downward trend.
Additional Profit Targets
Target 2: 0.20 USDT
For aggressive traders, this is an additional profit zone based on wave structure predictions. Patience is key.
Chart Insights
This chart follows an Elliot Wave structure, signaling a potential bearish continuation.
The price has tapped into a Fair Value Gap (FVG), offering a strong entry point.
⚠️ Risk Management
Always use proper risk management, setting stop-losses according to your risk tolerance.
Potential pullbacks may occur, especially at major support zones. Watch for Wave 3 as it pushes downwards.
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