๐ $RAY
/USDT Technical Analysis: 3 Key Targets for Today! ๐
The RAY/USDT pair is showing strong momentum, and traders are eyeing potential breakouts. Letโs break down the price action and set 3 key targets ๐ฏ for the upcoming sessions:
๐ Current Price: $6.277
24h High: $6.306 | 24h Low: $5.260
1๏ธโฃ Target 1: $6.50
RAY is nearing the upper boundary, and a move towards $6.50 could be expected if bullish momentum holds. Watch for strong buy signals or a breakout above the 24h high for confirmation.
2๏ธโฃ Target 2: $6.80
If $6.50 is breached, the next key level is $6.80. The market could test this resistance zone, which will likely determine if a sustained uptrend can be achieved. Monitor the RSI and MACD for confirmation of strength.
3๏ธโฃ Target 3: $7.00
A bullish continuation could lead us towards $7.00. Watch for a break above $6.80 with increased volume for a clear signal to target the next psychological level.
Key Support Levels: $5.26
A failure to hold above the low could signal a pullback. Keep an eye on price action for any signs of reversal at this support level.
๐ Trading Tip:
The trend looks bullish for now, but always keep risk management in check. Set stop losses near support zones and be ready to adjust as the market moves.
Letโs keep an eye on these levels and watch how the market plays out! ๐
#COSSocialFiRevolution #BTC100KToday? #BTC97KNewATH #EyesOnBTC #AltcoinNextMove