signal for $RAY
/USDT with three price targets and momentum indicators:
Technical Analysis
Current Price: $4.91 (+0.57%)
24h High: $5.22 | 24h Low: $4.80
Momentum: Mild bullish momentum, as price has been rising steadily.
Support Levels: $4.80 (recent low)
Resistance Levels: $5.22 (recent high)
Trade Signals
Bullish Signal: A break above $5.00 could lead to a continuation towards higher targets.
Bearish Signal: A drop below $4.80 may indicate a possible pullback.
Target Price Levels 🎯
1. First Target: $5.10 (near-term resistance)
2. Second Target: $5.22 (previous high)
3. Third Target: $5.40 (extended target if bullish trend continues)
Momentum:
Positive Momentum: The price shows a slight upward trend, supported by higher trading volume in the last 24 hours. Monitoring MA (5) and MA (10) can offer insight into the trend’s sustainability.
This setup indicates a bullish outlook if the price holds above $4.91, but caution is advised near resistance levels.
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