$RAY /USDT: Bullish Momentum with Key Entry Points🔥💯
The $RAY /USDT chart displays a clear higher-high and higher-low structure on the 30-minute timeframe, signaling bullish momentum. The price has bounced from a significant support zone near $5.22, with resistance levels visible around $5.66.
Key Entry Strategy
• Long-Term Entry: Enter at $5.45-$5.50, targeting $5.65-$5.70 with a stop loss below $5.20.
• Short-Term Scalping: Buy between $5.48-$5.50, targeting $5.58, with a tight stop loss at $5.42.
Support & Resistance
• Immediate Support: $5.22
• Major Resistance: $5.65 (Breakout could extend to $5.80+).
Market Direction
• Pattern Analysis: The chart suggests a bullish continuation supported by strong buy volume and demand around $5.22. Breaking $5.65 could trigger a rally, while failure to hold $5.22 may lead to short-term consolidation.
Conclusion: Bulls control momentum; consider scaling in on pullbacks and watching $5.65 for breakout confirmation.
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