š„$RAY /USDT ā BOUNCE OR JUST NOISE? SHORT SETUP UNFOLDING
RAY is in a clear downtrend after a steep fall from $2.543
Price made a local bottom at $2.009 but failed to reclaim MA-25
Current bounce looks weak with rejection near MA-7
MA-99 continues to press downward, adding bearish pressure
Unless $2.105 is broken cleanly, bulls remain vulnerable
Entry: $2.08 ā $2.10
TP1: $2.02
TP2: $1.97
TP3: $1.91
SL: $2.15
š Momentum remains bearish. This bounce could be an opportunity to enter short before another leg down begins.
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