---$RAY
📢 RAY/USDT Daily Market Update – Binance 📢
RAY has been showing interesting price action over the past few weeks. Today it’s trading at $3.14, down 5.59% in the last 24 hours.
🔹 Current Price: $3.14
🔹 24h High / Low: $3.413 / $3.122
🔹 24h Volume: 3.99M RAY
After months of sideways movement, the pair has established a strong support area between $3.00 – $3.20 (green box on the chart). Every time price dips into this zone, buyers tend to step in and push it higher. This shows clear accumulation at the base.
📝 What’s Happening on the Chart
Support Zone: $3.00–$3.20 has acted as a floor for months.
Lower Highs Trendline: The chart is showing a series of lower highs (descending white line), indicating sellers have been active on each rally.
Volume: Still consistent at the base, suggesting interest hasn’t faded.
Potential Setup: If RAY can break above the descending trendline with good volume, it could be the start of a move back toward higher resistance levels.
📈 Key Levels to Watch
Support Zone: $3.00–$3.20 (buyers step in here repeatedly)
Immediate Resistance: $3.50–$3.60
Major Resistance / Target: $4.00–$4.50 if breakout holds
⚠️ Risk Reminder
This kind of setup often leads to sharp moves either way. A confirmed breakout above resistance would be bullish, but a break below $3.00 could lead to further downside. Always confirm with your own analysis before making trade decisions.
This post is for informational purposes only and not financial advice.
Stay tuned for more updates on RAY/USDT and other trending coins! 🚀
#RAYUSDT #CryptoUpdate #Trading #Binance
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