🚨 $RARE /USDT ALERT – TIGHT LEVELS, POSSIBLE REBOUND! 🚨
Time Frame: 15-Minute Chart
Price Action: RARE/USDT has been in a downtrend, dropping to 0.1206, with a 24-hour low at 0.1184. The recent movement shows a minor bounce, hinting at a potential bottom or temporary support level forming.
Current Price: 0.1206
Trade Setup
Entry Price: 0.1200 – Consider entries around this level if the upward momentum strengthens.
Critical Levels
Resistance: 0.1220 – Key level to surpass for a possible reversal trend.
Support: 0.1180 – Crucial support to hold; a break below may lead to further losses.
Take-Profit Targets
1. TP1: 0.1215
2. TP2: 0.1230
3. TP3: 0.1245
Stop Loss: 0.1175 – To limit downside risk in case of a continued downtrend.
⚠️ Caution: Watch for volume and price action stability around support. A strong push above resistance could signal recovery, but caution is advised due to recent downward pressure.
