🚨 $RAY /USDT on the Verge of a Major Move: Trading Strategy Unveiled 🚨
RAY/USDT is showing signs of volatility on the 15-minute chart, with the current price at 2.564 USDT, reflecting a +9.95% increase in the last 24 hours. Momentum is building up between the key support and resistance levels.
🔍 Key Levels to Watch:
• Resistance: 2.688 USDT – If the price breaks above this level, expect a surge toward 2.75 USDT, which could lead to bullish momentum in the short term.
• Support: 2.500 USDT – A breakdown here could signal a fall to 2.45 USDT, testing the market’s lower limits.
💡 Entry Strategy:
• Long Trade: Consider entering around 2.565 USDT, with a stop loss at 2.490 USDT, targeting 2.70 USDT as your first take-profit level. This sets up a favorable risk-to-reward ratio.
• Short Trade: If the price fails to hold above 2.500 USDT, shorting at 2.490 USDT with a stop loss at 2.550 USDT, aiming for 2.45 USDT.
Prepare for the next move – this consolidation phase could explode soon, with bulls and bears battling for control!
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