Technical analysis by ScramblerG about Symbol RARE: Buy recommendation (7/8/2025)

RARE is forming a long-term descending triangle and showing signs of accumulation near the bottom range. A breakout from this structure can initiate a trend reversal. Chart Analysis: Downtrend line tightening with horizontal support Current price testing triangle resistance RSI trending upward (50), early bullish signal Key Levels: Entry: $0.051–$0.053 Stop Loss: $0.042 (below long-term support) Targets: Target 1: $0.061 Target 2: $0.074 Target 3: $0.097 Target 4: $0.183 (macro target) Support Zones: $0.042, $0.035 Breakout Confirmation: Daily close above $0.061 with volume This is a high-risk, high-reward accumulation play for long-term investors. Wait for breakout and volume confirmation. DYOR. Not financial advice.