$RAY 📊 Analysis of RAY/USDT 📊
🔍 Current Trend: Bearish pressure with signs of possible consolidation.
📉 Key Support: $5.10, with a risk of falling towards $5.00.
📈 Resistance: $5.25 and $5.50.
🌐 Market Commentary: The exponential moving averages and the MACD indicate a bearish scenario, but the RSI suggests a possible consolidation. Stay alert for critical levels!
💡 Recommendation: Day traders should monitor the $5.10 area, while swing traders may look for opportunities if there is a bounce.
In summary, according to the current analysis, RAY/USDT shows more signs of a bearish trend. It is likely that the price will continue to decline if it breaks the $5.10 support. However, if it manages to stay above that level and surpass $5.25, a bounce could occur. But, at this moment, bearish signals prevail.