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$RAY /USDT – Riding the Wave or Topping Out? 🌊📈
$RAY is on the move with a strong +6.29% pump to $3.56, testing key resistance after a steady climb. But can it push further, or are we due for a cool-off? Let’s chart it out 👇
📊 Market Overview
📍 Current Price: $3.567
📈 24h High: $3.607
❄️ 24h Low: $3.311
📊 24h Volume: 4.23M RAY / 14.60M USDT
📉 RSI (6): 67.95 (approaching overbought)
📍 MA Levels:
• MA(7): $3.487
• MA(25): $3.429
• MA(99): $3.255
📈 Volume Trend:
• Vol spike to 290K+ is fueling momentum
• MA(5) and MA(10) both rising = healthy trend
• Key resistance next: $3.64
🧠 RAY Trade Setup – Price Map
🔹 Bullish Scenario (Momentum Play):
Entry: Break and hold above $3.610
Targets: $3.75 → $3.90 → $4.15
Stop-Loss: $3.48
🔹 Bearish Scenario (Overbought Rejection):
Entry: Break below $3.37
Targets: $3.24 → $3.10
Stop-Loss: $3.59
📌 Analysis Summary
✅ Trading firmly above all MAs = bullish confirmation
⚠️ RSI near 70 = risk of pullback or consolidation
🔑 $3.607–3.64 = breakout zone to watch closely
🎯 Pro Tip:
If volume cools but RSI stays high, we might see a range before the next leg – don’t FOMO the top.
📢 Is RAY gearing up for $4+ or stalling at resistance? Your move, trader.
💬 Share your thoughts and tag a fellow alt sniper!
$RAY #RAY #RAYUSDT #DeFi #CryptoTA #Write2Earn