$RAY Strong downward momentum.!🔥 Ready to capitalize on recovery waves.!💯📈

Current price: $2.009

$RAY has dropped from the recent high of $2.259 and is testing the main support area around $1.97. The short-term sentiment remains bearish unless a strong recovery is confirmed.

Entry Area

Watch for stability or a bounce between $1.975 – $2.020.

Targets 🎯

Target 1: $2.120 – First resistance from the previous crash

Target 2: $2.230 – Recovery range and Fibonacci retracement level

Target 3: $2.300 – Major resistance and confirmation area for the breakout

Stop Loss

Below $1.940 to reduce downside risk.

Professional Tip

If RAY regains $2.10 with high trading volume, it may trigger a recovery. Weak trading volume on the bounce may indicate a bull trap - manage the entry appropriately.

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