$RAY Strong Bullish Surge Testing Key Resistance....
$RAY is trading at $3.976, up +14.81% in the last 24 hours, after rallying from a daily low of $3.414 to test its 24h high of $4.087. Price action shows a sharp bullish trend with consecutive green candles on the 4H chart, supported by strong buy-side order flow (61.67% vs 38.33%).
This momentum suggests bulls are in control, and a breakout above $4.087 could open the door to higher targets.
Long Entry Zone: $3.950 – $3.980
Stop Loss: Below $3.880
Targets:
TP1: $4.087 (24h high)
TP2: $4.150
TP3: $4.200 if bullish breakout continues
A clean break above $4.087 with strong volume may accelerate gains toward $4.20+, while rejection here could lead to a minor pullback before another attempt higher.