$RAY live trading update

🔍 1‑Day Candle Quick Analysis (for Binance Square post)

Price Range: Today’s candle trades between ~$2.36–$2.53, currently around $2.38 (↑ ~0.85%) .

Candlestick Form: Small real body with upper wick—suggests intraday attempts to test $2.53 resisted, closing near mid‑range.

Moving Averages:

Price is just below the 20‑day MA (~$2.44) but above the 50/100/200‑day MAs ($2.35–2.37), showing mixed bias .

Indicators:

RSI ~47 (neutral), MACD slightly positive, but multiple oscillators lean bearish; technicals are overall neutral–sell .

📌 Level to Watch

Immediate resistance ~$2.53;

Support ~$2.35 (today’s low + 50‑day MA confluence).

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▶️ Summary:

RAY ~$2.38 (+0.8%); small 1‑D candle with upper wick—bulls tested $2.53, faced resistance. Mixed picture: above mid‑MAs but below 20‑MA, RSI neutral, MACD slightly positive, techs tilt neutral–sell. Watch $2.35 support and $2.53 resistance.

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⚠️ Note: Always do your own risk assessment—this is not financial advice!

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