$RAY HITS A CEILING SHORT SETUP BREWING QUICKLY!
$RAY /USDT soared from $2.408 to a fresh high of $3.866, notching an explosive +60% rally. But after tagging the top, price has begun to cool off with early rejection candles forming on the 4H chart—a sign that momentum might be fading.
📉 Short Trade Setup:
Entry Zone: $3.60 – $3.75
TP1: $3.30
TP2: $3.10
Stop-Loss: Above $3.88
If $RAY bulls fail to reclaim strength above $3.75, expect sellers to take control and drive price back toward prior demand zones. A break below $3.45 could accelerate the drop.