$RAY
🚀 RAY/USDT: Technical Analysis – Eyeing a Breakout Above $5.30! 🔥
RAY/USDT is trading at $5.301, showing strength as it approaches key resistance levels. Here’s the technical breakdown:
Support Level: $5.100 – A solid base where buyers have consistently stepped in to defend the price.
Resistance Level: $5.500 – The key barrier RAY needs to break for a bullish continuation.
RAY is consolidating near resistance, hinting at a potential breakout. A break above $5.500 could propel the price toward $5.750 or higher, while a drop below $5.100 might lead to bearish pressure, targeting $4.850 as the next support.
💡 Entry Strategy:
Bullish Entry: Above $5.500 with strong volume, aiming for $5.750 and beyond.
Bearish Entry: Below $5.100 if selling pressure increases, targeting lower support levels.
RAY is at a turning point—will the bulls drive a breakout, or will the bears pull it back? Keep a close watch; RAY could be gearing up for an exciting move! 🔥🚀
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