$RAY
/USDT – DeFi Breakout Strategy 🚀📈
Current Price: 5.469 USD (+20.84 percent)
24-Hour Range: 4.463 USD to 5.830 USD
24-Hour Volume:
RAY: 20.82 million
USDT: 105.64 million
Trade Setup
Entry Zone: 5.400 to 5.500 USD (Look for pullbacks to re-enter at favorable levels)
Stop-Loss: 5.000 USD (To protect against sudden price reversals)
Targets
1. First Target: 5.800 USD, near the recent high
2. Second Target: 6.000 USD, breakout level to watch
3. Third Target: 6.500 USD, key resistance zone
Strategy
Indicators:
Bollinger Bands: A breakout above the upper band would confirm continued bullish momentum.
SAR: Bullish continuation confirmed if SAR dots stay below the price.
MACD: A positive crossover indicates the potential for further upside.
Volume: The volume of 105.64 million USDT indicates strong market participation, supporting the price rise.
Stay tuned to market sentiment and volume for confirmation of continued DeFi-driven momentum.
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