$RAY /USDT BULLISH REVERSAL – BUYING STRENGTH RETURNS AFTER DIP!
$RAY has bounced back strongly after testing the $2.15 level, now reclaiming momentum with back-to-back bullish candles on the 1H chart. Current price action at $2.396 confirms a potential continuation as buyers push toward the local high of $2.426.
Trade Setup (LONG):
Entry Price: $2.37 – $2.40
Target 1: $2.45
Target 2: $2.52
Target 3: $2.64
Stop Loss: $2.32
Why Long?
After a pullback to the $2.15 zone, the quick reclaim and follow-through rally signal a strong bullish reversal. Volume remains steady, and price structure is making higher highs on intraday levels, pointing to continued upside if $2.42 is flipped into support.
Risk Management Tip:
Always enter with a clear SL and consider partial profit booking at each target. Protect gains by adjusting SL after each level is hit.
Buy and Trade here on
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