🌊 $RAY /USDT Sharp Drop – Oversold or More to Go? ⚠️
$RAY is down -6.90%, trading at $2.09, sitting just above its 24h low of $2.084. It's now well below all key EMAs, signaling strong short-term bearish pressure:
EMA(7): $2.129
EMA(25): $2.172
EMA(99): $2.159
Volume: 8.72M RAY | $19.34M USDT
This deep correction may offer a high-risk bounce opportunity if buyers step in at the $2.08 zone — but confirmation is essential.
📊 Trading Plan: • Entry Zone: $2.07 – $2.10
• Take Profit 1: $2.15
• Take Profit 2: $2.19
• Take Profit 3: $2.27
• Stop Loss: $1.94
🧠 Ideal for quick scalps or reversal setups. Watch for a bullish engulfing candle or volume surge on the 15m chart.
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