📉 RAY/USDT – Base Forming After Sharp Pullback 🚀
$RAY has rebounded off a local bottom at $2.009, now trading around $2.095. Early signs of a trend shift are emerging as the price climbs above the 7MA, hinting at a potential short-term reversal.
📊 Technical Snapshot:
🟢 Local support established at $2.00
🟡 Price pushing above 7MA ($2.068) – first bullish sign
🟣 Resistance ahead at 25MA ($2.154) and 99MA ($2.304)
🧠 Trading Plan:
Entry: $2.08 – $2.10
Short-Term Targets:
• TP1: $2.15
• TP2: $2.27
• TP3: $2.30
Stop-Loss: $2.00 (below recent support)
📌 Strategy Insight: Wait for a clean break above 25MA for higher confidence. If volume supports the move, bulls could reclaim $2.30+ levels quickly.
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