$RAY USDT ALERT: Consolidation or Bullish Breakout? š„šÆ
Current Price: 4.813 USDT
$RAY is down 0.23% in the last hour but has been trading within a narrow range recently, with 1.11% growth over the past 7 days. However, it's facing a strong resistance around 5.224 and has a support zone near 4.650.
š Key Trade Zones:
ā¢ Entry Long: Above 4.850 (Confirm Breakout)
ā¢ Entry Short: Near 4.700 (If Bearish Momentum Continues)
šÆ Targets:
ā¢ Upside: 5.000-5.100
ā¢ Downside: 4.600-4.500
š Stop Loss:
ā¢ Long: 4.700 (Protect Profits)
ā¢ Short: 4.900 (Manage Risk)
ā ļø Watch for a Breakout! The price is consolidating at key levels. A breakout above 4.850 could signal further upside, but rejection could drive prices back toward support levels. Wait for confirmation before entering trades.
{spot}(RAY/USDT)
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