Analysis $RAY - $USDT
Period: 2025-08-08 19:00:00 ~ 2025-08-10 14:00:00 Real-time Data
Candle Pattern Analysis
- [08-08 19:00] Formation of small candles around 2.80 - Sideways consolidation - Weak signal
- [09-08 05:00] An inverted hammer candle pattern appears near 2.90 - Bullish indication - Medium signal
- [09-08 10:00 - 15:00] Series of green candles forming a three white soldiers pattern around 3.00-3.10 - Confirmation of bullish trend - Strong signal
- [10-08 00:00] Large green candle (momentum) from 3.10 to 3.57 - Bullish breakout with high volume - Very strong signal
- [10-08 05:00] Doji candle formation near 3.57 - Indecision at highs - Caution signal
- [Last candle] Small red candle at 3.43 - Slight correction after bullish momentum - Medium signal
Technical Indicators
- MACD: Recent bullish crossover with MACD (0.0354) above the signal line (0.0961), positive histogram (0.13) and expanding - Strong bullish signal
- KDJ: High values (K: 75.99, D: 75.76, J: 76.43) indicating overbought condition but still in bullish zone - Moderate bullish signal
- RSI: Multiple periods in bullish zone (RSI6: 73.17, RSI12: 74.25, RSI24: 71.93) - Confirms bullish momentum but close to overbought - Bullish signal with caution
- Volume: Significant increase in volume during the bullish momentum of 10-08, confirming the strength of the move - Very positive signal
Support and Resistance Levels
Resistances:
- Short term: 3.57 (recent high)
- Medium term: 3.60-3.65 (Fibonacci extension projection)
Supports:
- Short term: 3.43 (current price)
- Medium term: 3.10 (previous consolidation zone)
- Long term: 2.90 (structural support)
#RAY / #USDT clearly bullish with recent strong momentum. The current consolidation near 3.43 could represent a pause before continuing the movement. Consider entries on pullbacks towards the support of 3.10-3.20, with targets at 3.57 and potentially 3.70. Stop loss below 3.00.