$RAY has shown a strong bullish reaction with consecutive green candles reclaiming the $1.85 range. Buyers are stepping back in, signaling renewed momentum for a potential continuation toward higher resistance. The volume spike confirms increasing trader interest, hinting at a short-term recovery move before any consolidation.

Trade Setup:

• Entry Range: $1.84 – $1.86

• Target 1: $1.88

• Target 2: $1.92

• Target 3: $1.97

• Stop Loss (SL): $1.81

Momentum favors bulls as long as $1.81 support holds — a breakout above $1.92 could open the door for a stronger upside move.