$RAY

/USDT Technical Analysis: Potential Targets to Watch 🎯

The RAY/USDT pair has been showing promising price action, currently at $5.245. Let’s dive into the technicals and look at key levels for potential trades.

1st Target: $5.400

RAY has recently tested this level, and a break above could signal further bullish momentum. Watch for confirmation with a strong closing candle above this resistance for a potential upward move.

2nd Target: $5.500

This price point has been a strong resistance zone, and a breakthrough could pave the way for more gains. It aligns with the current bullish trend and could trigger more buying pressure.

3rd Target: $5.638

The 24h high reached $5.638, which could act as the next significant resistance level. This target might see a consolidation before deciding the next big move in either direction.

Key Support:

The immediate support sits at $5.100, with further support near $5.062. Watch these levels to gauge potential pullbacks and opportunities for re-entry.

Conclusion:

Traders should keep an eye on these target levels for potential breakouts or reversals. Monitor volume and market sentiment for further insights.

Stay updated for more market insights and happy trading! 🚀

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