Current Price: $4.865

๐Ÿ”ป Short Setup:

Entry Zone: $4.850 - $4.900

Stop Loss: $5.050

๐ŸŽฏ Target Levels:

TP1: $4.700

TP2: $4.550

TP3: $4.400

๐Ÿ“‰ Market Context:

$RAY

is encountering strong resistance between $4.900 - $5.000, showing clear rejection signals. Selling pressure is increasing, and a break below $4.850 could trigger a sharper decline toward lower support levels.

๐Ÿ’ก Pro Tip:

For confirmation, wait for a solid break below $4.850, followed by a retest and rejection before entering a short position.

โš ๏ธ Risk Management:

Always use proper position sizing.

Stick to stop-loss discipline to protect capital.

Stay sharp and trade wisely

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