đš $RAY ALERT: Consolidating for a Potential Breakout! đš
$RAY is trading at $5.644, up +2.12%, after testing a 24-hour high of $5.836. The market is showing signs of consolidation, signaling a potential breakout in either direction.
đĄ Key Levels to Watch:
Resistance: $5.836 â A breakout above this level could drive significant bullish momentum.
Support: $5.260 â Holding above this is critical to avoid a bearish reversal.
đ” Long Setup: Above $5.836, with targets at:
1ïžâŁ $6.00
2ïžâŁ $6.20
3ïžâŁ $6.50
Stop Loss: $5.50
đŽ Short Setup: Below $5.260, with targets at:
1ïžâŁ $5.10
2ïžâŁ $4.90
3ïžâŁ $4.70
Stop Loss: $5.45
â ïž Watch closely as $RAY approaches these levels. High volatility is expected, so manage your trades carefully!