🔥$RAY /USDT Analysis: Key Levels to Watch! 🔥💯
$RAY is trading at $4.93, gaining +13.62% after a sharp recovery from $3.97, indicating strong bullish momentum. The breakout above $4.80 suggests continued upward pressure.
Trade Setup:
1️⃣ Long Entry:
Entry: Above $4.90
Targets: $5.00, $5.10, $5.20
Stop Loss: $4.75
2️⃣ Short Entry:
Entry: Below $4.75
Targets: $4.60, $4.50, $4.40
Stop Loss: $4.90
Market Outlook:
The bullish trend is expected to persist if $RAY holds above $4.80. However, monitor resistance at $5.00, as rejection there could signal a potential bearish reversal. Stay alert for quick momentum shifts and manage risk accordingly.
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