$RAY
š RAY/USDT Technical Analysis š
Current Price: $4.781
RAY/USDT is trading near a pivotal zone, indicating a potential setup for its next significant move. The key support at $4.70 is holding steady, keeping the bullish structure intact, while resistance at $4.90 stands as the immediate barrier. A breakout above this level could signal renewed momentum.
š Key Levels to Watch:
Support: $4.70 (critical for buyers to defend).
Resistance: $4.90 (breakout target); further resistance lies at $5.20.
š Entry Strategy:
Bullish Scenario: A confirmed break and close above $4.90 with strong volume could trigger a move towards $5.20ā$5.40, offering solid upside potential.
Bearish Scenario: If the price drops below $4.70, watch for a pullback toward the next support at $4.50.
š Technical Indicators:
RSI is hovering near 50, reflecting neutral momentum. Increasing volume near resistance could be the catalyst for a breakout.
ā ļø Eyes on the Chart: RAY is testing key levels, and a decisive move is brewing. Traders, stay readyāmomentum could tilt any moment! š
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