$RAY

RAY

/USDT Strong Bearish Momentum 🔥📉 Is Recovery Waves Incoming .?💯📈

$RAY has taken a healthy correction off recent highs, now hovering near a confluence zone with solid volume. With DeFi gaining momentum again, this dip could be the recharge before the next breakout.

🎯 Entry

Buy zone: $2.05 – $2.20

This covers the current bounce region and sits just above the 24h low — a strong technical demand area.

🎯 Targets

Target 1: $2.38 – near previous high and intraday resistance

Target 2: $2.52 – where price last rejected on volume spikes

Target 3: $2.78 – potential extension if DeFi sentiment strengthens

🛑 Stop Loss

Set at $1.985 – under structural support and below the recent low

📊 Key Levels

Support: $2.05 and $1.98

Resistance: $2.38 and $2.52

Pivot: $2.25 – watch how it handles this mid-range level

💡 Pro Tip

Volume is rising on red candles, signaling sell pressure is fading. If RAY reclaims $2.25 with increasing volume on the 1H or 4H, expect a swift push toward $2.38+. For tighter management, consider trailing your stop once $2.38 is touched.

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