$RAY $RAY

🌟 RAY/USD Analysis: Approaching Key Resistance at $3.518! 🌟

Raydium (RAY) is nearing a crucial resistance level at $3.518, which could act as a major pivot point. A breakout above this level could spark strong bullish momentum, with possible targets at $3.75 and $4.00. However, if RAY faces resistance and pulls back, we could see support around $3.25.

📈 Trading Strategy:

1. Entry: Look for a confirmed breakout above $3.518 with sustained volume before entering a long position.

2. Stop-Loss: Set a stop-loss near $3.25 to limit downside risk.

3. Targets: First target at $3.75, with a secondary target around $4.00 if momentum persists.

With increased trading volume and market attention, RAY could be on the brink of a new trend. Monitor RSI and MACD for confirmation, and keep an eye on these key levels as RAY tests its resistance!

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