$RAY /USDT: Positive Momentum with Short-Term Precision Objectives

Currently, $RAY /USDT is priced at $5.019, marking a 12.58% increase in the past 24 hours, with a peak of $5.023 during this period.

The RSI reading of 82.35 indicates robust bullish momentum, although it also points to overbought conditions, which may lead to a phase of consolidation.

Consider entering around $5.010 for short-term trades, with target prices set at TP1: $5.050, TP2: $5.080, and TP3: $5.110. To mitigate risks, establish a stop loss at $4.950.

The upward trajectory, bolstered by trading volume, suggests ongoing interest, making this an optimal scenario for scalpers.

It is advisable to secure partial profits as each target is reached and to remain vigilant for possible reversals near $5.110.

This approach aims to capitalize on quick profits while effectively managing risk.

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