🚨 RAY’s Fakeout—Is Another Drop Incoming?
On the 1H chart, RAY attempted a breakout, but it turned into a fakeout, pulling the price back to its range.
📉 Key Support Zone to Hold:
🔻 $1.67 – If this level holds, we may see another push toward resistance.
🔻 $1.521 – $1.631 – If broken, expect a deeper pullback, and it may take time to recover from it.
📈 Major Resistance to Watch:
🔺 $2.229 – $2.524 – The critical breakout zone that could change momentum.
⚠ It's not just about 1h timeframe, we can see a fake-breakout on higher time frames too.
Right now, RAY is at a decision point—will it bounce back, or sink deeper into support?
Stay sharp.
$RAY #Ray #RaydiumProtocol #raydium #TradingSignal #rayhanbros