$RAY 's price bounces off significant support levels or tren | BillionGit on Binance Square

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Bullish

$RAY 's price bounces off significant support levels or trendlines without breaking them, it suggests that the bullish trend is still intact.
#Raydium $SOL #Dex #Swap #BTCSoarsTo68K 

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RAY

2.442

+11.96%

SOL

169.49

+6.63%

482

0

Replies 0

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The chart for $OP suggests a healthy upward trend, with higher lows indicating growing buyer interest and the possibility of a sustained rally. This shows that OP is forming a strong base for a potential breakout. The $1.82 resistance level is critical. Flipping this local resistance into support would confirm the strength of the current move and pave the way for a significant rally. Breaking through this level could attract more buyers, potentially leading to a sharp move upward. Next Target: If $1.82 is successfully broken, Optimism could see a bullish run, with the next target possibly around $2.00 or higher, depending on broader market conditions and momentum. Indicators to Watch: Volume: A spike in volume accompanying the breakout would confirm strong buying pressure. RSI: An overbought RSI above 70 could signal short-term caution, but it would also confirm bullish momentum if accompanied by increasing prices. Overall, a successful breakout above $1.82 could lead to a nice upward run for #Optimism Keeping an eye on how the price interacts with this resistance will be key to confirming the bullish continuation. #Etheruem #Matic #BinanceLabsInvestsLombard

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