$RAY

🚀 RAY/USDT Technical Analysis – Raydium Heating Up! 💹

RAY is trading at $5.192, capturing traders' attention as it approaches crucial technical levels. With increasing market activity, a decisive move could be on the horizon.

Key Levels to Watch:

📈 Resistance:

$5.300: Immediate resistance; breaking this could signal a strong bullish continuation.

$5.500: A significant level where momentum could accelerate further.

📉 Support:

$5.000: A key psychological and technical support zone.

$4.800: A deeper support where buyers may re-enter if the price pulls back.

Technical Outlook:

RAY is consolidating near its resistance at $5.300, indicating a potential breakout. A push above this level could pave the way toward $5.500 or higher. However, if the price loses support at $5.000, a deeper correction toward $4.800 may occur.

Entry Strategy:

For Bulls: Enter near $5.000, targeting $5.300 and $5.500. Place a stop-loss below $4.800 to manage risk.

For Bears: Consider shorting if the price fails to break $5.300, targeting $5.000 or $4.800 with a stop above $5.400.

💡 Pro Tip: Keep an eye on volume surges—this will confirm whether a breakout or breakdown is gaining traction. RAY is positioned for a big move, so stay ready to act! 📊🔥

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