🚨 $RARE /USDT – 1-HOUR CHART UPDATE: STRONG MOMENTUM BUILDING! 🚨
RARE/USDT has exhibited robust upward momentum, surging from a low of $0.0964 to a recent high of $0.1465. The price is currently consolidating around $0.1331, indicating potential for either a continuation rally or a pullback.
📌 Current Price: $0.1331
💼 Entry Price (Long): $0.1331 (wait for confirmation of support stability)
💡 Key Levels to Monitor:
Resistance Level: $0.1465 – A breakthrough at this level could attract more buyers and push the price higher.
Support Level: $0.1123 – Holding above this level is crucial to sustain the bullish trend.
🎯 Take-Profit Targets:
1. $0.1400 – First target for profit-taking as the price pushes upward.
2. $0.1465 – Key resistance level; a break here signals more bullish potential.
3. $0.1500 – Aggressive target if momentum sustains after breaking resistance.
🛑 Stop Loss: $0.1200 – Place a stop below the support level to limit downside risk.
⚠️ Caution: Monitor the $0.1331 level closely. A confirmed push above $0.1465 could spark a strong rally, while failure to hold above $0.1123 may lead to a reversal. Adjust positions based on price action and stay alert to potential volatility.
