🚨 $RAY /USDT ALERT: PREPPING FOR A BREAKOUT! 🚨
$RAY is trading at $5.511, up 6.14%, showing consolidation near key resistance. Momentum is building for a potential move.
Spot Trading Signal
• Entry Zone: $5.45 - $5.55
• Target 1: $5.80
• Target 2: $6.00
• Target 3: $6.20
• Stop Loss: $5.30
Futures Trading Setup
Long Setup (Bullish Breakout)
• Entry Zone: $5.50 - $5.60
• Leverage: 5x-10x
• Target 1: $5.80
• Target 2: $6.00
• Target 3: $6.20
• Stop Loss: $5.30
Short Setup (If Rejected)
• Entry Zone: $5.50 - $5.60
• Target 1: $5.30
• Target 2: $5.10
• Target 3: $4.90
• Stop Loss: $5.70
Key Levels to Watch
• Resistance Zones: $5.80 and $6.00 – A breakout above could trigger further upside.
• Support Zones: $5.30 and $5.10 – These levels must hold to prevent a bearish reversal.
⚠️ Risk Management Tips
• Monitor volume closely for confirmation of breakout or rejection.
• Adjust position size based on volatility and leverage.
• Keep stop-loss levels tight to manage risk effectively.