$RAY USDT ā SHORT SETUP AFTER STRONG REJECTION š
RAY rallied from $2.968 to $3.589 but quickly faced selling pressure, leaving a clear rejection wick. Price is now consolidating at $3.50, hinting at possible profit-taking and a short-term pullback.
š Trade Setup (Short)
Entry Zone: $3.49 ā $3.52
TP1: $3.34
TP2: $3.21
Stop Loss: Above $3.59 (recent high)
š Outlook:
As long as price remains below $3.52, bears hold the advantage. A breakdown below $3.34 could accelerate the drop toward $3.21 support.