$RAY
๐ RAY/USDT Technical Analysis ๐
Current Price: $4.781
RAY/USDT is trading near a pivotal zone, indicating a potential setup for its next significant move. The key support at $4.70 is holding steady, keeping the bullish structure intact, while resistance at $4.90 stands as the immediate barrier. A breakout above this level could signal renewed momentum.
๐ Key Levels to Watch:
Support: $4.70 (critical for buyers to defend).
Resistance: $4.90 (breakout target); further resistance lies at $5.20.
๐ Entry Strategy:
Bullish Scenario: A confirmed break and close above $4.90 with strong volume could trigger a move towards $5.20โ$5.40, offering solid upside potential.
Bearish Scenario: If the price drops below $4.70, watch for a pullback toward the next support at $4.50.
๐ Technical Indicators:
RSI is hovering near 50, reflecting neutral momentum. Increasing volume near resistance could be the catalyst for a breakout.
โ ๏ธ Eyes on the Chart: RAY is testing key levels, and a decisive move is brewing. Traders, stay readyโmomentum could tilt any moment! ๐
#BinanceAlphaAlert #MarketPullback #MarketCorrectionBuyOrHODL? #USUALTradingOpen #Write2Earn!