🚨 $RAY /USDT SOARS WITH 20.40% GAINS – CAN THE RALLY CONTINUE? 🚨
$RAY is trading at $5.05, up +20.40% in the last 24 hours, marking a significant recovery. The 24h high peaked at $5.10, while the 24h low touched $4.20, with a strong trading volume of 15.48M RAY ($72.96M USDT).
Key Levels to Watch
Immediate Resistance: $5.20 – A breakout here may signal continuation of the rally.
Target 1: $5.60 – A mid-term bullish target.
Target 2: $6.00 – A key level for extended bullish momentum.
On the downside:
Support 1: $4.80 – A critical level to maintain current gains.
Support 2: $4.20 – The day’s low, which must hold to avoid further downside.
💡 Trade Setup
Bullish Scenario:
Entry: Above $5.20 for confirmation of sustained buying pressure.
Targets: $5.60, $6.00, $6.50
Stop-Loss: Below $4.80
Bearish Scenario:
Entry: Below $4.80 if selling pressure intensifies.
Targets: $4.50, $4.20, $4.00
Stop-Loss: Above $5.20
Market Sentiment
Over the last 90 days, $RAY has skyrocketed +247.29%, with 617.83% annual growth, making it one of the top performers. However, its current rally warrants caution; watch for volume and breakout confirmations to assess momentum.
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