$RAY /USDT: Bullish Momentum with Short-Term Precision Targets
$RAY /USDT is trading at $5.019, reflecting a 12.58% gain over the last 24 hours, with a 24-hour high of $5.023. The RSI at 82.35 signals strong bullish momentum but indicates overbought conditions, suggesting a potential for consolidation. Enter near $5.010 for short-term opportunities, targeting TP1: $5.050, TP2: $5.080, and TP3: $5.110. Set a stop loss at $4.950 to minimize risks.
The upward trend supported by volume indicates sustained interest, making this an ideal setup for scalpers. Secure partial profits as each target is achieved and watch closely for potential reversals near $5.110. This strategy focuses on capturing quick gains while managing risk effectively.