$RAY /USDT Approaching a Critical Zone – Be Ready for Big Moves!

The 15-minute chart for RAY/USDT shows a descending channel forming with clear boundaries. The price is now testing key levels that could determine its next direction.

Key Support: The price is holding just above $2.30 USDT, which serves as a crucial support zone. A break below this level may lead to further declines.

Resistance: The next resistance to watch is around $2.45 USDT. A break above this could fuel a rally toward $2.54 USDT or higher, breaking out of the channel.

📉 Short-Term Entry Strategy:

• Short Entry: Consider entering a short position below $2.30 USDT with a stop-loss around $2.35 USDT. Potential target: $2.20 USDT.

• Long Entry: Watch for a bounce near $2.30 USDT to target a short-term rally. Enter long if it holds, with a stop-loss at $2.28 USDT. Target: $2.45 USDT.

🚀 Long-Term Strategy:

• Breakout Play: If the price breaks above $2.45 USDT, enter a long position aiming for $2.54 USDT with a tight stop at $2.40 USDT.

This setup has the potential for both bearish and bullish plays, depending on the breakout or breakdown. Stay sharp and act fast!

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