$RAY /USDT – Potential Bounce Entry Zone
RAY is consolidating above the $2.22 support level after a strong intraday move. Buyers are trying to absorb the dip, and a bounce from this zone can trigger a recovery move toward short-term resistance levels.
Entry Price: $2.23 – $2.25
Target 1: $2.29
Target 2: $2.36
Target 3: $2.48
Stop Loss: $2.19
Risk Management:
This trade is based on a short-term support bounce strategy. Use reduced position sizing if volatility increases. Exit quickly if the price fails to hold above $2.22.
Pro Tip for Followers:
Support levels are best traded with tight SL and quick reactions. Take partial profits near target 1 to reduce risk exposure.
