$RAY USDT - BULLISH BREAKOUT IMMINENT! 🚀
RAY/USDT is showing strong bullish momentum, eyeing a significant move to the upside! Let's break down the key levels and a potential trade setup.
📊 Key Levels:
* Current Price: The current price is hovering around $2.267.
* Immediate Support: We see strong support forming around $2.264 and a more significant zone near $2.236 - $2.240. These levels have held well during recent pullbacks.
* Key Resistance: The immediate resistance to watch is around $2.310. A break above this level would confirm further bullish movement.
* Next Major Resistance/Target: The ultimate target for this move appears to be around $2.339.
📈 Trade Setup - LONG:
* Entry: A potential long entry can be considered around the current price of $2.267, or on a retest of the immediate support zone.
* Take Profit (TPs):
* TP1: $2.310 🎯
* TP2: $2.339 🎯
* Stop Loss (SL): A tight stop loss should be placed below the immediate support, around $2.236. 🚫
⚠️ Risk Management:
Always manage your risk! Use appropriate position sizing and never risk more than 1-2% of your trading capital on a single trade. Keep an eye on market developments and be prepared to adjust your strategy. Good luck! #MetaplanetBTCPurchase #MetaplanetBTCPurchase #IsraelIranConflict #SaylorBTCPurchase #BinanceAlphaAlert $RAY