🚹 $RAY /USDT ALERT – POTENTIAL MOVEMENT INCOMING ON 1-HOUR CHART 🚹

The RAY/USDT pair on the 1-hour chart has been displaying notable price action, recently hitting a high of $3.534 before retracing to its current price at $3.260. This recent pullback suggests potential consolidation, with the price sitting above the support level. It’s crucial to monitor this level closely, as any break below could signal further downside, while a hold might lead to another bullish run.

Current Price: $3.260 USDT

💡 Critical Levels to Watch:

Resistance: $3.534 USDT – Key level that, if broken, could lead to a new upward leg.

Support: $3.020 USDT – Holding this level is vital to prevent a deeper pullback.

🎯 Trade Setup:

Entry Price: Consider entering near $3.260 if stability is observed above support.

📈 Take-Profit Targets:

1. $3.362 USDT – First level of potential resistance on a continued upward move.

2. $3.462 USDT – Stronger resistance where partial profit can be considered.

3. $3.534 USDT – Target for the full breakout above recent highs.

đŸ”» Stop Loss:

$3.020 USDT – Place a stop loss below this key support to minimize risk if the price fails to hold.

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