Here's a concise technical analysis and trade signal for the $RAY

/USDT pair:

Technical Analysis:

Current Price: $4.99

Trend: Bullish Momentum - With a 24h gain of +11.98%, the price is showing bullish momentum.

Key Levels:

Support: $4.44 (previous 24h low)

Resistance: $5.079 (previous 24h high)

Trade Signal:

Buy Signal: Enter near the support level around $4.85 (current price) or upon retracement to this level, aiming for a continuation upwards.

Target Levels 🎯:

1. Target 1: $5.15 - Breakout target beyond recent highs.

2. Target 2: $5.30 - Extended target level considering the current upward momentum.

3. Target 3: $5.50 - Key psychological level if the bullish trend continues.

Momentum:

The trade momentum is currently bullish, supported by a steady upward movement. Look for any pullbacks near the support levels around $4.85 for more buying opportunities. If momentum fades or the price drops below $4.85, reconsider the trade or tighten your stop losses.

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