#RAI / USDT – Price Analysis
$RAI price remains bearish on the weekly timeframe 📉, but price action is currently neutral in the short term.
If #BTC drops towards the $100-98k zone as expected, $RAI could see another bearish move. Double bottom next?
Key Levels:
Local support: $0.530 🟢
Upper key resistance: $0.720 🔴
Daily resistance to break: $0.745
Weekly resistance to break: $1.060 🚩
Bulls must reclaim $1.060 (weekly close) to shift the trend.
💡 Summary:
Price could move sideways between these levels for now.
Watch out for another potential dump, especially if BTC drops.
No bullish signal until a weekly close above $1.060.
Manage risk and keep a close eye on the levels! 👀