š» $RAY Showing Signs of a Pullback After Hitting Resistance
$RAY is trading at $3.320, losing steam after facing strong resistance near $3.58. The 30-minute chart reveals lower highs forming, signaling increasing selling pressure. A break below $3.28 may lead to a deeper correction.
š Trade Setup (Short):
⢠Entry Zone: $3.295 ā $3.320
⢠Stop Loss: $3.380
⢠Target 1: $3.250
⢠Target 2: $3.190 ā
ā” Pro Tip:
Look for a rejection on any retest between $3.35 and $3.38 to enter with better odds.