perfect opportunity for buyers

📉 Current Price: $2.078

24h High: $2.267

24h Low: $2.078 (currently at the low)

Change: -7.15%

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📊 Key Technical Indicators:

1. Moving Averages (MA):

MA(7): 2.102

MA(25): 2.138

MA(99): 2.173

➡️ The price is below all major moving averages, showing a strong downtrend.

2. RSI (6): 10.169

➡️ This is an extremely oversold level.

Typically, below 30 is oversold — this is below 15, which means the selling pressure is very strong but may be reaching exhaustion.

3. MACD:

DIF: -0.020

DEA: -0.013

MACD Histogram: -0.006

➡️ MACD remains bearish, indicating continued downward momentum.

4. Volume:

➡️ Trading volume is moderate to low — no strong buying interest yet.

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📉 Support & Resistance Levels:

Level Type Status

$2.078 Support Just broken

$2.00 Psychological support Likely next test

$1.95 – $1.98 Strong support zone May hold if $2.00 breaks

$2.14 – $2.17 Resistance zone (MAs) Hard to break without reversal

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🔮 24-Hour Price Prediction (Estimated Range):

Based on current technical signals:

📉 Downside Risk:

Price may drop to $2.00

If pressure continues, it could fall further to $1.95 – $1.98

📈 Upside Possibility (if bounce occurs):

Due to the oversold RSI, a small bounce toward $2.12 – $2.14 is possible

But the overall trend remains bearish until a clear reversal is confirmed

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✅ Conclusion:

> RAY/USDT is in a strong short-term downtrend. The RSI shows it is oversold, which might cause a short bounce, but without clear support and buying volume, the price could continue falling.

Over the next 24 hours, the price may test $2.00 or even drop to $1.95–$1.98 if sellers remain in control.

$RAY $BTC