📊 $RAY /USDT: Price Analysis & Trade Setup 🚀
The $RAY /USDT pair is trading at $4.827, showing potential for movement in both directions. Let’s break down the key levels and a trade plan:
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📈 Trade Scenarios:
Entry Point: $4.827
Take Profit (TP 1): $5.050
Take Profit (TP 2): $5.250
Take Profit (TP 3): $5.500
Stop Loss (SL): $4.600
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📉 Key Levels:
Support: $4.600
Resistance: $5.050
Analysis:
RAY is consolidating just below a significant resistance at $5.050. A breakout above this level may trigger a bullish rally toward $5.500. On the downside, a rejection could push the price back to test the $4.600 support level.
Momentum indicators show bullish bias, with rising RSI and increased trading volume. However, traders should watch for confirmation before entering.
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📉 Market Outlook:
The market sentiment leans bullish for RAY in the short term. A breakout above $5.050 with strong volume could signify the beginning of a larger up
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