🚀$RAY /USDT - Post Spike Consolidation Zone🔥

Current Price: $2.286

Timeframes Analyzed: 1H & 4H

🔍 Technical Overview:

✅ 1H Chart Highlights:📊

Sharp vertical breakout candle surged past $2.80, but price is now stabilizing near the $2.28 support.

RSI cooled off to 59.85, indicating healthy consolidation after overbought levels.

All EMAs are fanned out positively; 20 EMA (green) is holding as dynamic support.

✅ 4H Chart Insights:📊

$RAY Price is testing the yellow 100 EMA (~$2.289) from below.

If reclaimed, it may flip into support and signal another push toward the red 200 EMA ($2.459).

RSI on 4H is still bullish at 59.51, and MACD momentum is recovering.

📌 Key Levels:🔑

Immediate Support: $2.209 / $2.177

Resistance Zone: $2.289 – $2.459

Breakout Watch: If price sustains above $2.30 with volume, we could revisit the $2.70+ spike range.

🎯 Trade Plan (Short-Term):

🔹 Buy Zone: $2.20 – $2.24 (pullback entry)

🔹 Target 1: $2.38

🔹 Target 2: $2.45+

🔹 Stop-loss: Close below $2.14 (invalidates setup)

📈 Trend Signal: Bullish Bias (Volatility-backed breakout followed by consolidation)

🧠 Sentiment: Market reacting positively post-pump with signs of continuation if $2.30 flips.

💬 "Breakouts are loud, but it's the retest that whispers direction. Let the structure confirm your bias."

🔻 This is not financial advice. Always DYOR and manage your risk.

#Ray #FOMCMeeting #BinanceAlphaAlert #MyTradingStyle #Binance