$RAY /USDT Analysis: Bull Run Confirmed!🔥💯
The recent price action in $RAY /USDT suggests a strong bullish momentum, as evidenced by a 12.08% increase in the last 24 hours. The token has shown a breakout above key resistance levels, with a 24-hour high of $5.485 and a strong upward trend visible in the 30-minute chart.
Key Observations:
• Current Price: $5.447
• Support Level: $5.30
• Resistance Levels: $5.60 and $5.75
• Recent Performance: +243.44% over 90 days, indicating strong accumulation and buying interest.
Entry, Target, and Stop Loss:
• Entry Point: $5.45–$5.50
• Target 1: $5.75
• Target 2: $6.00
• Stop Loss: $5.25
The steady upward movement and robust volume suggest a continuation of the rally, but traders should exercise caution and set tight stop losses to manage risks effectively. Always confirm with broader market sentiment before entering trades.
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