$RAY /USDT – Bullish Push Losing Steam, Reversal Watch Active
RAY surged from $1.479 to a peak of $1.688, gaining nearly 14%, but it’s now showing signs of exhaustion around $1.632. The price is pulling back after multiple rejection wicks near the top, suggesting bulls may be cooling off short-term.
Trade Setup (Short Opportunity):
Entry Zone: $1.630–$1.645
Target 1: $1.580
Target 2: $1.525
Final Target: $1.475
Stop Loss: $1.675
Leverage Tip: 10x for short-term profit potential
Volume is fading as price retreats — caution on long entries. Bears may capitalize if $1.620 breaks.
