🚨 $RAY Dipping but Not Done? Bulls vs Bears Face-Off! 🐂🐻
$RAY is currently trading at $3.063 (-3.89%) after pulling back sharply, testing crucial support. Despite the dip, it's hovering near a potential reversal zone with some signs of buyer interest creeping in.
📊 Trade Setup:
Entry Zone: $3.080 – $3.120
TP1: $3.213
TP2: $3.270
TP3: $3.300
Stop Loss: $2.975
📌 Support: $3.000 – $2.983
📌 Resistance: $3.213 – $3.300
📈 Market Insight:
Bears have taken the lead, but support around the $3 mark is showing signs of holding firm. If volume picks up and buyers step in, we could see a sharp recovery toward upper resistance zones.
💡 Pro Tip: Watch for a 15m candle close above $3.10 with rising volume for potential bounce confirmation.
Still in play – don’t count the bulls out just yet!
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