$RAY /USDT – Bullish Continuation in Play
Market Overview:
$RAY has posted a strong +9.84% gain, rising from a low of 3.00 to test highs around 4.10 before settling near 3.617. The price is currently holding above key short-term supports at 3.50 and 3.40, indicating sustained buying interest after the breakout.
Trade Setup (Long):
Entry Zone: 3.55 – 3.65
Target 1: 3.90
Target 2: 4.10
Stop Loss: 3.45
Technical Insights:
The move above 3.50 confirms a break of recent resistance, with momentum supported by higher volume and bullish candle structure. Holding above 3.55 could pave the way for another push to retest 4.00+. A close above this level may attract further buying pressure and extend the uptrend.