$RAY /USDT BULLISH BREAKOUT:
very interesting trade setup :
take entry as soon as possible don't miss the opportunity!
Key Levels:
- Current Price: $5.511
- Resistance Levels: $5.550, $6.000, $6.550
- Support Levels: $5.325, $4.916
Trade Setup:
- Entry: Long at $5.510
- Take Profit (TP):
- TP1: $6.000
- TP2: $6.550
- Stop Loss (SL): $4.916
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust to risk no more than 2% of your trading capital.
Summary:
We are looking for a long trade on $RAY/USDT due to a bullish breakout above the resistance level of $5.510. The price has shown strong upward momentum, and the next resistance levels are at $6.000 and $6.550. Setting a stop loss at $4.916 ensures we manage our risk effectively. This trade setup offers a favorable risk/reward ratio, making it an attractive opportunity for traders. 📈💸
Happy trading and may the market be in your favor! 📈💸