Technical Analysis for $RAY /USDT:
Current Price Action:
Current Price: $4.569 (+7.10%)
24h High: $4.690
24h Low: $4.138
Targets:
1. Target 1: $4.700 (Resistance Level)
Immediate resistance. A breakout could confirm bullish momentum.
2. Target 2: $4.900 (Key Resistance)
Medium-term resistance. Sustained buying pressure may drive the price toward this level.
3. Target 3: $5.200 (Psychological Level)
Strong psychological resistance. Reaching this level may indicate a continued bullish trend.
Strategy:
Secure Partial Profits: Lock in profits at each target to manage risk effectively.
Stop Loss: Place a stop loss below $4.400 to mitigate downside risk.
#CryptoTrading #RAYUSDT #TradingSignals #TechnicalAnalysis #CryptoSignals