Selling $RARE
after a +70% rally that is holding its highs with 13B+ volume is a massive mistake.
Instead of crashing, price is consolidating right near the top at 0.0230 with insane volume backing up every dip. Momentum is coiling for the next explosion, and I am going long on $RARE right now.
My setup parameters:
• Entry: 0.0225 - 0.0233
• TP1: 0.0258
• TP2: 0.0285
• TP3: 0.0320
• Stop Loss: 0.0205
When massive volume holds price at highs, expecting a crash will get you wiped out.
after a +70% rally that is holding its highs with 13B+ volume is a massive mistake.
Instead of crashing, price is consolidating right near the top at 0.0230 with insane volume backing up every dip. Momentum is coiling for the next explosion, and I am going long on $RARE right now.
My setup parameters:
• Entry: 0.0225 - 0.0233
• TP1: 0.0258
• TP2: 0.0285
• TP3: 0.0320
• Stop Loss: 0.0205
When massive volume holds price at highs, expecting a crash will get you wiped out.