$RAY

📈LONG: $RAY (8H)
#RAYUSDT | #RAY | #Raydium

Current Price $5.26
Market Cap $1.53B
Change 1h +2.05% | 24h +4.86%

Current Indicators:
•  RSI: 62 - Neutral 🟠
•  MACD: 0.07 - Bullish 🟢
•  EMA: 4.84 - Trading Above 🟢

Analysis: 
Ray looks set for a bullish rally after a solid correction. The chart shows a confirmed bullish pennant breakout, suggesting a strong upward move. Momentum is building, and the market sentiment is optimistic.

Price Targets: 
Eyes on the next major level around $6.50. If momentum holds, we could see a push towards $10 in the coming days. Keep an eye on volume to confirm the strength of the move.

Raydium's community: @Raydium

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#BTCNextMove

$RAY

Yello, Paradisers! Could #RAYUSDT be on the brink of a decisive move? Let’s dive into the chart to decode the possible scenarios.

💎#RAY is currently forming a bearish Head and Shoulders (H&S) pattern, signaling a potential downward move if the pattern breaks successfully. The initial target in this case would be the $3.5–$3 demand zone, a critical level where buyers could step in and push the price back up significantly. If this rebound occurs, the next major resistance zone could serve as a strong upside target.

💎However, a more bearish outcome may unfold if RAY fails to rebound from the demand zone. A breakdown below the demand area could trigger a bearish signal, pushing the price further downward toward the $2.7–$2.3 strong support zone.

💎The historical respect of the $2.7–$2.3 zone suggests bulls might once again defend this level if tested. But traders should be cautious: a confirmed break below $2.3 could lead to a more significant dip toward the next strong support levels.

Remember, the disciplined always win in the long run. Stay sharp and trade smart.
📈LONG: $RAY (1D)
#RAYUSDT | #RAY | #Raydium

Current Price $4.39
Market Cap $1.30B
Change 1h -3.28% | 24h +9.66%

Daily Indicators:
•  RSI: 42 - Neutral 🟠
•  MACD: -0 - Bearish 🔴
•  EMA: 4.94 - Trading Below 🔴

Analysis: 
The chart for #RAYUSDT is hinting at a potential bearish breakout with a Head and Shoulders pattern. This signals a warning for bulls to stay cautious. The resistance level around $4.50 could be a pivotal point, determining if the bearish trend will sustain.

Price Targets: 
Should the bearish pattern play out, a drop to $3.50 is possible. A breach below this could see further decline to around $1.50. For bulls, reclaiming $4.50 might spark a turnaround. Stay alert!

Raydium's community: @Raydium