$RAY /USDT – Rebound in Progress? Key Levels to Watch
Current Price: $3.161 (-24.25%)
Support: $2.90 - $3.00 (Strong accumulation zone)
Resistance: $3.20, $3.40, $3.60
Trading Strategy:
Entry: $3.00 - $3.10 (Buy on dips)
Stop Loss: $2.85 (Below key demand zone)
Take Profit Targets:
TP1: $3.20 (Breakout test)
TP2: $3.40 (Mid-range resistance)
TP3: $3.60 (Bullish confirmation)
Market Outlook:
RAY shows signs of reversal after a deep pullback. Increasing volume on green candles signals bullish momentum. A breakout above $3.20 could drive a sharp recovery.
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