$RAY

/USDT Price Analysis: Testing Key Support Levels

Current Price: $5.352 (-3.29%)

24H High: $5.889

24H Low: $5.342

Volume (24H): 26.08M

Market Overview:

RAY/USDT has experienced consistent selling pressure, breaking below multiple intraday supports. The current price is near the day's low, signaling that bears are in control.

Key Levels to Watch:

Immediate Resistance: $5.515 | $5.716

Support Zones: $5.342 | $5.314

Technical Indicators:

A break below $5.314 could accelerate losses toward $5.200.

If bulls reclaim $5.515, we may see a push toward $5.716.

Trading Insights:

Long Opportunity: Enter near $5.314 with targets at $5.515 and $5.716, setting a stop-loss below $5.200.

Short Strategy: Sell near $5.515 if rejection occurs, targeting $5.314 with stop-loss above $5.600.

RAY is at a critical juncture—monitor for signs of reversal or continuation. #RAYUSDT #CryptoAnalysis #Binance