🚀
$RARE — Bullish Continuation Setup | Technical Breakdown
SuperRare (
$RARE ) is printing constructive price action after its latest impulsive move. The chart structure suggests the rally is pausing to build strength rather than topping out.
📊 Structure & Price Behavior
Trend Direction:
Higher lows continue to form, showing that buyers are consistently stepping in on dips and absorbing sell pressure.
Support Validation:
The recent retracement respected a clear demand area, confirming it as a reliable base for continuation.
Price Compression:
RARE is tightening just below local resistance. This type of compression often precedes a strong directional move once the range resolves.
Bias:
Bullish while price remains supported above the short-term base.
🎯 Trade Plan
Entry Zone: 0.0265 – 0.0275
Stop Loss: 0.0249
Upside Targets:
🎯 TP1: 0.0298
🎯 TP2: 0.0320
🎯 TP3: 0.0350
🛡️ Risk Management Notes
• Risk only a small portion of capital per trade (1–2%)
• Take partial profits at TP1 to lock in gains
• After TP1, consider moving SL to breakeven
• A trailing stop can help capture extended upside if momentum accelerates
If buyers keep control of the current structure,
$RARE has room to expand higher. Let the chart confirm and trade the levels, not emotions.
👇 What’s your bias on
$RARE — continuation or rejection?
#RARE #SuperRare #CryptoAnalysis #Altcoins #TradeWithStructure