#Ray
$RAY /USDT – Bearish Momentum Watch Below $2.50!
Heavy correction alert! $RAY is slipping under key levels — eyes on the short setup as DeFi pressure builds.
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Current Price: $2.38
24h Change: -11.90%
24h High: $2.747
24h Low: $2.309
24h Volume (RAY): 5.30M
24h Volume (USDT): 13.30M
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Bearish Trade Setup:
Entry Zone: $2.42 – $2.50
Take Profit 1: $2.20
Take Profit 2: $2.08
Stop Loss: $2.61
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Market Insights:
Price sharply rejected at $2.74, now bleeding below $2.40 with a clear volume fade. SAR now hovering above at $2.323, signaling increased bearish control. MACD remains slightly positive but losing steam — possible fakeouts ahead, so wait for confirmation.
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Action Plan:
Watch for price rejection near $2.45–$2.50. Ideal short entry if it fails to reclaim this zone with volume backing the downtrend.
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Pro Tip:
Don’t chase entries — wait for retest and bearish candle confirmation. Always secure early profits and trail your stop for max protection.
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