$RAY /USDT – BOUNCE FROM SUPPORT, RECOVERY IN PLAY
Price dipped into the lower support zone, swept liquidity, and quickly rebounded, showing clear rejection from the lows. Buyers have stepped back in and are defending the 1.13–1.14 area, keeping the structure intact after the pullback. Current price action suggests stabilization and a potential move back toward the upper range if momentum continues to build.
Trade Setup:
• Entry Range: 1.135 – 1.145
• Target 1: 1.165
• Target 2: 1.185
• Target 3: 1.220
• Stop Loss (SL): 1.115
Short Market Outlook:
Market is recovering after the dip with buyers active at support. Holding above this zone favors a push toward higher resistance, while a breakdown below support would lead to further consolidation.
