$RAY
RAY
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BULLISH TECHNICAL ANALYSIS
$RAY is showing strong bullish momentum after bouncing from support near 1.121. Price is consolidating above 1.235, forming higher lows, indicating strong buying interest. A breakout above 1.241 could open the way for further upside toward key resistance levels.
MARKET STRUCTURE
• Key Support: 1.200
• Immediate Support: 1.235
• Bullish Trigger: Break above 1.241
• Trend Outlook: Bullish while above 1.200
TARGETS (TP):
• TP1: 1.250
• TP2: 1.300
• TP3: 1.350
STOP LOSS (SL):
• SL: 1.190
RISK MANAGEMENT:
Risk 1–2% of trading capital per trade and maintain stop-loss to manage volatility.