Based on the 15-minute chart for $RAY /USDT, with the current price at 3.558 USDT, here’s a quick trading analysis and signal:

Current Setup:

RAY has recently shown strong upward momentum, reaching a high of 3.623 USDT. This level acts as a near-term resistance, with potential for a breakout if bullish pressure persists.

Entry Point:

Consider entering a long position around 3.550 USDT, close to the current price, as the momentum indicates possible continuation.

Targets (TP):

TP1: 3.600 USDT

TP2: 3.650 USDT

TP3: 3.700 USDT

These target levels are set closely to capture gains while the price remains in an upward trend.

Support and Stop-Loss (SL): The immediate support lies around 3.499 USDT. To manage risk, a stop-loss (SL) around 3.480 USDT is recommended in case of a reversal below this support zone.

Indicators Insight: The RSI is currently above 67, suggesting the asset is nearing overbought territory but may still have room for additional upside before a potential pullback. The MACD is showing bullish signals, indicating continued positive momentum. Keep an eye on these indicators for any signs of exhaustion or reversal at resistance.

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