📊 $RAY /USDT Trade Analysis & Insights
Current Price: $2.82 (+9.99%)
24H Range:
High: $2.847
Low: $2.504
Volume: 3.74M RAY | USDT Volume: $10M
🔎 Technical Analysis
Momentum: Strong bullish momentum as price is testing the 24H high of $2.847.
Support Levels:
1. $2.735 (nearest support)
2. $2.634 (solid demand zone)
Resistance Levels:
1. $2.847 (current 24H high)
2. $2.937 (next major resistance)
Volume Insight: Volume is increasing, suggesting buyers' strength.
📈 Trade Plan
Long Entry: On a confirmed breakout above $2.847 with volume support.
TP1: $2.93
TP2: $3.02
TP3: $3.12
SL: $2.73
Short Entry: If price rejects $2.84 and closes below $2.735.
TP1: $2.63
TP2: $2.53
SL: $2.85
✅ Conclusion
RAY is in a bullish trajectory but is near resistance. A breakout above $2.847 can lead to further highs, while failure may cause a retracement to $2.73–$2.63.
Recommendation: Watch for breakout confirmation or rejection around $2.84 before positioning.