Bull Run Confirmed in $RAY : Time to Ride the Momentum! 💯🔥
Current Price: $4.914 (+13.20%)
The breakout within the ascending price channel is gaining strength, signaling strong bullish momentum.
Suggested Trading Strategy:
Entry Point: Current price or on pullbacks near $4.85.
Target 1: $5.20
Target 2: $5.50 (short-term extension)
Stop Loss: $4.70 (below the lower channel trendline)
Key Notes:
Secure partial profits at each target level to reduce risk while maximizing potential gains.
As momentum builds, we could see price move beyond the second target.
Always manage your trades responsibly and adjust your stop loss as the price moves in your favor.
Keep an eye on volume and resistance near $5.20.