$RAY
RAY/USDT – Long Setup (Breakout Anticipation)

🕒 Timeframe: 1H

💰 Current Price: $3.371

📊 Trend Context: Attempting breakout from consolidation range high

🔍 Technical Notes:

🔹 RAY is forming a potential ascending triangle

🔹 Resistance zone at $3.40, tested multiple times

🔹 Higher lows tightening price action toward breakout

🔹 Bullish momentum with decent volume support

🔹 Break above $3.42 would signal continuation

🎯 Entry Plan:

🟢 Entry Zone:

$3.34 – $3.38 (pre-breakout positioning)

Alternative: $3.42 breakout confirmation with volume surge

🔁 Entry scaling advised if price retests support levels

💸 Take-Profit Targets:

🎯 TP1: $3.55

🎯 TP2: $3.72

🎯 TP3: $3.95 (Fibonacci extension + previous high zone)

🛡️ Stop-Loss:

🔻 SL: Below $3.25 (invalidates higher low structure)

⚖️ Risk-Reward Tip:

Entry: $3.37 | SL: $3.25

TP2: $3.72 → Risk:Reward ≈ 2.9:1

🔒 Move SL to entry after TP1 hit

✅ Confirmation Triggers:

🔸 Volume > 220K on breakout above $3.42

🔸 BTC holding strength or ranging above $67K

🔸 RSI > 60 with momentum

🔥 Signal Strength:

High – Strong ascending structure pressing resistance 🚀

Watch for confirmation breakout + volume