$RAY Buy Signal: Potential Oversold Reversal? 🚀

$RAY

Price: $5.11 (-7.72%)

Entry Zone: $5.10 - $5.15

Targets: 🎯 $5.28 / $5.40 / $5.50

Stop Loss: 🔻 Below $5.05

Market Insights:

$RAY is trading near the lower Bollinger Band on the 1H chart, with an RSI of 25, signaling oversold conditions and a possible reversal. Buyers may find opportunities as the price stabilizes around $5.10, with resistance at $5.28 and $5.40.

A bounce from this support level could lead to a recovery, pushing toward higher targets. Manage your risk with a stop loss below $5.05 in case the downside pressure continues.

Look for confirmation signals, such as increased volume, before entering. 📈

#RAY #CryptoSignals #TradingStrategy #SpotTrade #Write2Earn!