šØ $RAY ALERT: Consolidating for a Potential Breakout! šØ
$RAY is trading at $5.644, up +2.12%, after testing a 24-hour high of $5.836. The market is showing signs of consolidation, signaling a potential breakout in either direction.
š” Key Levels to Watch:
Resistance: $5.836 ā A breakout above this level could drive significant bullish momentum.
Support: $5.260 ā Holding above this is critical to avoid a bearish reversal.
šµ Long Setup: Above $5.836, with targets at:
1ļøā£ $6.00
2ļøā£ $6.20
3ļøā£ $6.50
Stop Loss: $5.50
š“ Short Setup: Below $5.260, with targets at:
1ļøā£ $5.10
2ļøā£ $4.90
3ļøā£ $4.70
Stop Loss: $5.45
ā ļø Watch closely as $RAY approaches these levels. High volatility is expected, so manage your trades carefully!