🚨 $RAY ALERT: Consolidating for a Potential Breakout! 🚨
$RAY is trading at $5.644, up +2.12%, after testing a 24-hour high of $5.836. The market is showing signs of consolidation, signaling a potential breakout in either direction.
💡 Key Levels to Watch:
Resistance: $5.836 – A breakout above this level could drive significant bullish momentum.
Support: $5.260 – Holding above this is critical to avoid a bearish reversal.
🔵 Long Setup: Above $5.836, with targets at:
1️⃣ $6.00
2️⃣ $6.20
3️⃣ $6.50
Stop Loss: $5.50
🔴 Short Setup: Below $5.260, with targets at:
1️⃣ $5.10
2️⃣ $4.90
3️⃣ $4.70
Stop Loss: $5.45
⚠️ Watch closely as $RAY approaches these levels. High volatility is expected, so manage your trades carefully!