🚀 $RAY /USDT: EYEING THE NEXT MOVE! ⚡
The $RAY /USDT pair is trading at 5.541, resting at a key level. With the market showing potential momentum shifts, traders should keep an eye on critical zones for opportunities.
📊 Trade Scenarios:
Entry Point: 5.541
Take Profit (TP) 1: 5.700
Take Profit (TP 2): 5.900
Take Profit (TP 3): 6.200
Stop Loss (SL): 5.400
The price is testing a strong support zone at 5.500, with resistance near 5.700. A push above resistance could lead to significant upside, while a drop below support could signal further bearish pressure.
📉 Market Outlook:
The current setup suggests consolidation with the potential for a breakout. A confirmed close above 5.700 may trigger bullish continuation, whereas a breakdown below 5.400 could favor sellers. Monitor closely for directional cues and volume spikes.
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