$RAY /USDT BEARISH ANALYSIS

RAY is showing strong weakness after rejection near $3.80 and is now trading at $3.33 (-9.7%). The price is struggling to hold key levels, indicating further downside risk.

Key Levels:

Resistance: $3.60 – $3.80

Support: $3.30 (immediate) & $3.10 (major)

Current Price: $3.33

Trade Setup (Short):

Entry (Sell): $3.35 – $3.40

Take Profit (TP):

TP1: $3.20

TP2: $3.10

TP3: $2.95

Stop Loss (SL): $3.55

Risk Management:

Always use proper position sizing (1–2% risk per trade). Market is highly volatile – don’t over-leverage and stick to your stop loss.

Bears are in control, and breakdown below $3.30 could trigger further sell-off! #PowellWatch #ETHStakingExitWatch #AltcoinSeasonLoading #MetaplanetBTCPurchase #Write2Earn $RAY