$RAY
$
Resistance Levels:
$4.888 (MA 25).
$5.329 (24h high).
Support Levels:
$4.813 (24h low).
$4.790 (short-term support).
Bearish Scenario:
If RAY fails to hold above $4.833 (current price) and breaks below $4.790, it may retest support at $4.813 or drop further.
Short Entry: Below $4.790, targeting $4.813 or lower.
Stop-Loss: Above $4.842 (MA 7).
Bullish Scenario:
Entry Point: Consider entering only if RAY breaks above $4.888 (MA 25) and sustains this level.
Target: $5.107 (MA 99) as a mid-term target, with an extended target at $5.329 (24h high).
Stop-Loss: Below $4.813.
Sideways Play:
If the price consolidates between $4.813 and $4.888, scalpers can trade within this range.
