$RAY
/USDT: Key Levels and Strategic Entry Points for Potential Reversal
**Trade Plan:**
- **Entry Zone:** Consider entering a long position if RAY/USDT holds above the $7.00 support level and shows signs of reversal.
- **Targets:**
- First Target (TP1): $7.50
- Second Target (TP2): $8.00
- Third Target (TP3): $8.50
- **Stop Loss:** Set a stop loss just below the recent support level at $6.80 to manage risk effectively.
**Market Insights:**
RAY/USDT has shown a significant pullback, indicating potential for a reversal if key support levels hold. Watch for key levels at $7.00 and $7.20. The recent high volume suggests increased interest, which could support a price recovery.
**Next Move:**
Monitor the $7.00 support level closely. If RAY/USDT holds above this level and shows signs of reversal with increasing volume, consider entering a long position with the outlined targets and stop loss. Ensure volume confirmation to validate the reversal.
#Binance #cryptotradingpro #TradingSignals3 #CryptoMarketAlert t #defi #Ray