RAY$RAY market interpretation:

At present, RAY is under the control of the short side at the 1/2 hour level, but the 4-hour level shows a bullish trend. Today, the key long-short turning point is near 1.6202, which will become an important indicator of market trends.

Search for the analysis of the copycat points: Crypto Riding the Wind

If the price drops, we need to hold the support levels of 1.6048, 1.5797 and 1.5512, which are the lines of defense to prevent further declines. On the contrary, if the market picks up and the price rises, we will face the challenges of the pressure levels of 1.7074, 1.7325 and 1.7656.

In short-term trading, keen market insight and decisive decision-making ability are the keys to success. Only in this way can we remain undefeated in the game of financial markets.

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