š
$RAY /USDT ā Hidden Strength Emerging! Breakout Coming? šš
š Current Price: $2.524
š 24h Low: $2.393
š 24h High: $2.583
š¹ On the 4H timeframe,
$RAY is showing a potential trend reversal after forming a short-term bottom near $2.40. The recent bullish candle has reclaimed the 20 EMA with MACD histogram turning green šāindicating a fresh momentum shift.
šø On the 1H chart,
$RAY is holding above the 50 EMA and consolidating just below the $2.55 resistance. RSI is healthy at 51.81, suggesting enough room for a further upside move without being overbought. ā
š” Key Observations:
MACD on both timeframes is showing early bullish crossover signs.
Volume is stable, and RSI divergence is fadingāmarket might be preparing for a strong breakout above $2.58.
If $2.58 breaks, next target = $2.65ā$2.70 š„
šÆ Trading Strategy Suggestion:
Entry Zone: $2.45ā$2.50 (on retrace)ā
Target 1: $2.58šÆ
Target 2: $2.65šÆ
Stop Loss: Below $2.40 (tight risk-managed setup)ā£ļø
š§ Pro Takeaway: Consolidation near EMA cluster with MACD crossover is a classic pre-breakout signal. Keep your eyes on the $2.58 necklineāitās the gateway to rapid upside! š
š Remember: Patience + Confirmation = Profitable trades. Avoid FOMO; wait for volume surge breakout.
š "Charts reveal the truth others ignore. Be the observer, not the follower."
šŗ Disclaimer: This is not financial advice. Please DYOR before entering any trades.
#Ray #BinanceAlphaAlert #MarketPullback #TrumpMediaBitcoinTreasury #TradingTypes101