$RAY /USDT BEARISH PRESSURE BUILDING BELOW MAJOR RESISTANCE 🔻⚠️
📉 Current Price: $2.087
📊 24H Drop: -7.49%
📍 Market Bias: Bearish with Limited Bounce Potential
🔍 TECHNICAL ANALYSIS:
$RAY /USDT has sharply rejected the $2.302 (24h high) level, now hovering near $2.084 (24h low). The price remains suppressed below critical resistance, confirming a lower high, lower low structure — a clear bearish signal. With volume fading and support weakening, a drop toward the $2.00 zone or lower seems likely.
🧱 KEY LEVELS:
🔺 Resistance:
$2.200 (Immediate resistance)
$2.400 (Major rejection zone)
$2.600 (Trend reversal point)
🔻 Support:
$2.050 (Short-term support)
$1.900 (Previous demand zone)
$1.800 (Key structural level)
🎯 TRADE SETUP (SHORT):
💥 Entry Zone: $2.080 – $2.120
📉 Targets (TP):
TP1: $2.000
TP2: $1.900
TP3: $1.800 (If sell-off strengthens)
🛑 Stop Loss (SL): $2.240 (Above resistance and invalidation point)
⚠️ RISK MANAGEMENT:
Risk no more than 2% of your capital. Lock partial profits at each TP. In bear trends, avoid chasing entries — let the setup come to you. 🧠💼
🐻 Momentum favors sellers — protect capital and follow structure! 🔥📉
#SwingTradingStrategy #XSuperApp #CryptoStocks #IsraelIranConflict #Write2Earn $RAY
