$RAY just delivered a brutal dump — and an even cleaner rebound!
After topping at $1.147, RAY fell straight into a heavy capitulation drop, slicing through supports until it printed a sharp bottom at $1.058. But the moment that wick hit, volume exploded buyers stepped in aggressively, flipping the 15m candles green and lifting price back toward $1.080.
MA(5) is curling upward, candles are stabilizing, and sellers are losing control — the first signs of a momentum shift.
If strength holds, RAY can push for a retest of $1.093 → $1.10 next.
The bounce is alive momentum is heating up again!
