Signal: Potential Short-Term Bullish
$RAY /USDT has been consolidating in a narrow range for the past few hours. The price has recently bounced off the lower support level and is showing signs of upward momentum.
Current Price: $4.821
Entry Price: $4.821 (Current Price)
Resistance Levels:
* $4.850
* $4.900
* $4.950
Support Levels:
* $4.800
* $4.750
Take-Profit Targets:
* T1: $4.850
* T2: $4.900
* T3: $4.950
Stop Loss: $4.750
Cautionary Note:
Traders should closely monitor the price action around the $4.800 support level. A break below this level could signal a potential reversal of the current bullish trend. Additionally, traders should watch for stability or potential breakout signals from the current consolidation range.
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