$RAY /USDT – DeFi Pullback Opportunity or Breakdown Brewing?
$RAY is cooling off after recent highs, currently trading at $3.01 (-2.93%). With DeFi momentum still in play, is this a healthy retest—or a deeper correction?
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Current Price: $3.016
24h High / Low: $3.382 / $2.998
24h Volume (RAY): 8.88M
24h Volume (USDT): 28.26M
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Trade Setups:
Bullish Entry Zone: $2.95 – $3.05
TP1: $3.18
TP2: $3.36
TP3: $3.44
Stop-Loss: Below $2.90
Bearish Scenario (Breakdown Confirmation):
Short Entry: Below $2.89
TP1: $2.66
TP2: $2.40
Stop-Loss: Above $3.05
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Market Outlook:
RAY is hovering at key support after rejecting the $3.38 resistance zone. If $3.00 holds, bulls may regroup. Breakdown below $2.90 opens downside pressure toward $2.65. Watch 1H volume and RSI divergence closely.
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Pro Tip:
Don’t predict—react. Wait for either a bullish reclaim above $3.05 or a decisive break under $2.89 before committing. This zone is a battleground.
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What’s your move on $RAY? Ready for the DeFi rebound or expecting further downside? Share your view & follow for more setups!
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