$RAY/USDT – Long Trade Setup: Bulls Gearing Up for the Next Leg Up
Entry: $2.367
Targets:
TP1: $2.410
TP2: $2.450
Final Target: $2.500
Stop Loss: $2.290
Why Long?
$RAY has shown strong bullish momentum, bouncing off the $2.212 support and gaining +12.39%, now consolidating around $2.367. The previous high of $2.493 remains within reach, and current price action signals that bulls are reloading for a potential breakout toward $2.500.
Volume supports the move, and market structure is leaning toward higher highs. Holding above the $2.340 level could trigger a sharp move upward. A potential re-entry opportunity may arise on a retest of the $2.320–$2.300 zone.
Risk Management Tip:
Use a stop just below $2.290 to protect capital. After hitting the first target, consider moving your stop loss to breakeven or higher to lock in gains and limit downside risk.
Trade Smart. Trade $RAY.
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