$RAY /USDT Trading Signal – Testing Resistance Zone!

$RAY is currently facing resistance around the $6.20 zone after a slight recovery from its recent dip to $5.77. The price is struggling to break above this critical level, indicating potential bearish pressure unless bulls step in with strong volume.

Entry Zone: $6.10 - $6.20

Target 1 (TP1): $6.00

Target 2 (TP2): $5.85

Stop Loss (SL): $6.35

Market Insight:

RAY is encountering strong resistance near $6.20, and the rejection at this level hints at a possible pullback. If the price fails to break and hold above this resistance, we might see a retest of the $6.00 support level. However, a breakout above $6.20 could open doors for bullish momentum toward $6.60.

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