RAY/USDT: Explosive momentum and trend shift ๐๐
โOn the 4H chart, RAY has recorded a powerful breakout from a prolonged consolidation. The volume confirms: the initiative is fully on the side of buyers. Analysis by the facts:
โTechnique: Strength of breakout
The main signal โ vertical growth of Volume. This is not noise, but the work of large capital.
โResult: The price on the impulse broke through MA7, MA25, and heavy MA99. The current mark is $0.710 (+27.01%) โ a strong bullish signal.
โScenarios:
Don't feed the market maker โ jumping into the "green sticks" without a plan is fatal.
๐ข Bullish: Consolidation above the local high of $0.738. Entry on retest of the level. Target โ $0.80+.
๐ด Correction: The asset is locally overbought. The safe zone for position building โ a pullback to $0.604โ$0.631 (support MA99/MA7).
โPsychology of levels
The price has hit resistance at $0.738. Here, the liquidity of sellers is concentrated. We expect a struggle for the level or a technical pullback to unload indicators.
โBe predators. The market gives a second chance only to the patient. The material is for reference only and does not constitute financial advice. The market does not forgive mistakes โ always think with your own head.
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