🟢 $RAY BULLISH SIGNAL – W PATTERN IN PLAY! 💸💸💸👋👋👋
$RAY is trading at $5.690, up 2.91%, forming a clear W pattern with a double bottom at the critical support level of $5.230. This bullish formation suggests a potential breakout.
📊 Key Bullish Levels to Watch:
Resistance Zone: $6.081 – A breakout here could lead to $6.476 and $6.539.
Support Zone: $5.230 – Double bottom formation reinforces strong buying interest at this level.
📈 Technical Insight:
The W pattern signals a potential trend reversal, with buyers gaining control. The successful test of $5.230 confirms strong support, making $RAY primed for upward momentum.
⚡ Outlook:
A breakout above $6.081 could trigger a significant rally toward higher targets. Watch for volume confirmation to validate the move.