$RAY /USDT – TREND ANALYSIS
Current Price: $5.063
Key Levels:
• Resistance: $5.110, $5.200
• Support: $5.000, $4.950
Trade Setup
• Entry Zone: $5.050 - $5.065
• Take Profit (TP):
• TP1: $5.110
• TP2: $5.200
• Stop Loss (SL): $4.950
Analysis
RAY/USDT is consolidating near its 24-hour high, showing strength after bouncing off $4.950. A breakout above $5.110 with strong volume could push it towards $5.200 and beyond. However, a rejection at $5.110 could lead to a retest of $5.000.
Risk Management
Apply a 3:1 risk-reward ratio. Close monitoring is advised for price action near resistance levels.