$RAY USDT
#RAY/USDT it’s breaking out inside a trading range, the depths of the bear at $0.16, so it definitely has had a good pump.
#RAY the only legit $SOL asset pumping today, Raydium swap will grow as Solana grows. RAY out performing Solana in the mid to longer term, Volume will only increase.
In the shorter term a continued trend up towards $2.55 and above, using smaller time frames to entry, Invalidation would be a brake of trend.
The price will retest the demand zone around $1.66 to generate new momentum for another attempt to break above the supply area around $2.55.
If RAY manages to break above the supply area without a retest, it could signal significant upward movement, potentially leading to the attainment of our target area.
RAY USDT
Current Price : $ 1.703613
Fear & Greed Index : 74 (Greed)
Sentiment : Neutral
Volatility : 6.85%
Green Days : 11/30 (37%)
50-Day SMA : $ 1.690703
200-Day SMA : $ 1.371056
14-Day RSI : 40.05
24H Volume : $ 23.07M #240
Dominance : 0.02%
ATH : $ 16.91(-90%)
ATH Date : Sep 12, 2021
ATL : $ 0.134291
ATL Date : Dec 29, 2022
Circ. Supply : 262.84M (47%)
Total Supply : 555.00M
Max Supply : 555.00M
Supply Inflation : 24.74% (High)
Market Cap : $ 447.77M
Entry price is 1.60 - 1.70
Target price is 2.55 - 5.50 for long term Hold target
Stop loss price is 1.40
Don’t forget to set stop loss, Always follow your trading plan regarding entry, risk management, and trade management.
DISCLAIMER : Any content in this text does not constitute investment advice. This text provides an objective description of the market situation and should not be considered an offer to sell or a solicitation to buy.
DYOR
NOT FINANCIAL ADVICE
