Strong recovery, are we ready for another push?
Bounce from 99 MA support.
Price remains above key moving averages.
$RAY USDT sharply bounced after testing 99 MA support near $2.75, indicating buyer strength. The price is now ranging between the 7 and 25 MA, suggesting a potential continuation of the movement. Regaining resistance at $2.85 may indicate the next phase towards recent highs.
Long entry: $2.80 – $2.83
Targets (TP):
$2.89
$2.94
$3.02
Stop loss (SL): $2.73
This structure remains bullish as long as $RAY stays above the 99 MA.
Watch for an increase in volume to confirm the breakout.