$RAY Potential Rebound Ahead.....!!!
The price is stabilizing near $5.452 after testing the support zone around $5.340. A recovery above this level could indicate a bullish reversal.
Trade Signal:
Entry Range: $5.440–$5.460
Targets:
Target 1: $5.550
Target 2: $5.650
Target 3: $5.800
Stop Loss: $5.300
Observation:
A bullish breakout above $5.550 could signal further upside, while a failure to sustain $5.340 may lead to downside risks. Traders should monitor price action closely and adjust stop-loss levels to secure profits.