๐จ $RAY /USDT โ Pump in Progress or Pause Incoming? ๐โ ๏ธ
$RAY is flying high with a +9.51% surge to $2.24, backed by solid volume and DeFi momentum. But with RSI near mid-zone and resistance at $2.78, will bulls push further or lose steam?
๐ Market Overview
๐ Current Price: $2.24
๐ 24h High: $2.78
โ๏ธ 24h Low: $1.94
๐ Parabolic SAR: Still supporting uptrend
๐ MACD Momentum:
DIF: Gaining slowly
DEA: Flat, but turning positive
MACD: Neutral-bullish, waiting for confirmation
๐ RSI(6): 48.44 โ Market undecided, watching for direction
๐ RAY Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If RAY Holds Above $2.20):
Entry: Above $2.26
Targets: $2.64, $2.78, $2.82
Stop-Loss: $2.08
๐น Bearish Scenario (If RAY Drops Below $2.08):
Entry: Below $2.08
Targets: $1.94, $1.90
Stop-Loss: $2.26
๐ Key Technical Insights
โ MA(7): $2.301 | MA(25): $2.134 | MA(99): $2.143 โ Bullish short-term bias
โ Strong volume: 26.19M RAY | $62.44M USDT
โ Price tested $2.78, rejectedโwatch for second breakout attempt!
๐ก Pro Tip:
๐ฅ If $2.26 holds, we could see a quick move toward $2.80+
โ ๏ธ Bearish divergence possible if volume fades or RSI stalls near 50
๐ข Are you riding the DeFi wave or booking profits? Drop your thoughts below! ๐๐ฌ
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