$RAY

The current price (2.624) is above the 0.236 level, which means it has broken the first resistance after the correction. This could give a signal of trend continuation if the breakout is confirmed.

The current trend is bullish, supported by moving averages and a strong RSI.

If it remains above 2.607, we may see an attempt to break 2.690.

Support:

2.601

2.563

Resistance:

2.690 (highest level in 24 hours)

Medium-term targets

2.7

2.9

3.1

DYOR