RAREUSDT: Is a Bullish Breakout on the Horizon?Yello Paradisers! Could RAREUSDT be gearing up for a strong bullish move, or will a breakdown catch traders off guard? Let’s dive into the critical price action signals you need to watch!
💎RAREUSDT has recently shown good signs of a bullish reversal. The pair took out inducement levels and formed a double-bottom-like structure, a classic signal that increases the probability of an upward move from here.
💎If price retraces further or triggers panic selling, a bounce from the strong support zone below remains a high-probability scenario.To solidify the bullish case, we need to see a bullish I-CHoCH (Internal Change of Character) on the lower timeframes, confirming buyers are stepping in with strength.
💎If RAREUSDT breaks down and closes a candle below the strong support zone, the entire bullish structure will be invalidated. In that case, it’s wiser to remain patient and wait for a better, higher-probability setup to form.
🎖Remember, Paradisers, sustainable trading is about being disciplined and strategic. Waiting for confirmations is always better than chasing trades on shaky grounds. The market rewards those who master patience and trade smartly.
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