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$RARE has been showing some interesting signs recently. After a 28% volume surge, it broke through the level directly, and the open interest also skyrocketed. It doesn't look like a short squeeze; rather, it seems like the main players are quietly building positions.
From a technical perspective, the bullish case remains solid: the entry zone is set between 0.0300 and 0.0308, with a stop-loss at 0.0285 (this line must be protected). Looking upward, the first target is set at 0.0340, and if the trend continues smoothly, reaching 0.0380 is also possible.
Details on the chart are worth noting. After a massive push, the open interest increased in tandem, indicating that new long positions are indeed being established. Buying pressure is very strong, the pullbacks are shallow, and selling pressure is barely visible—these are signs of a continued upward trend. As long as the price stays above the breakout zone without breaking down, the momentum should push higher.
Of course, keeping an eye on key levels, especially the stop-loss line, is essential for trading.