Rarible / Tether USD
לונג

RARIUSDT Daily S/R| Swing High| Price Action| Trend

492
Evening Traders,

Today’s analysis – RARIUSDT – trading above its Daily S/R level where a deviation towards the swing high is probable,

Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Swing High Objective
- Low Volume

RARIUSDT’s immediate price action is trading above a key level where support is probable, allowing for a bullish bias.

The swing high is the current objective, exceeding this level will increase the probability of a trend continuation.

The current volume is below average, an influx is highly imminent when testing key trade locations.

Overall, in my opinion, RARIUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps

Thank you for following my work!

And remember,

“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt

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