$RAY /USDT – Bearish Pressure Near Support!
RAY
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Momentum Analysis:
RAY has faced strong resistance near $2.49, with sellers dominating. The price is testing $2.24 support, and a breakdown could lead to further downside.
Long Setup (Only if support holds):
Entry Zone: $2.25 – $2.30
Targets:
T1: $2.40
T2: $2.48
T3: $2.55
Stop Loss: Below $2.22
Breakout Confirmation & Key Support:
Bullish Reversal Above: $2.40
Key Support: $2.24
Pro Tip:
If $2.24 breaks, wait for confirmation before entering long. A reclaim of $2.40 could signal renewed bullish momentum.
📊 Trading Data:
Price: $2.29 (-5.67%)
24h High: $2.49
24h Low: $2.24
24h Volume (RAY): 7.43M
24h Volume (USDT): 17.35M
🔍 Watch $2.24 support closely – a breakdown may open short opportunities.