$RAY /USDT LONG TRADE SIGNAL – BULLS BACK IN PLAY AFTER DIP RECOVERY
Entry Price: $2.34–$2.38
Target 1: $2.48
Target 2: $2.60
Final Target: $2.70
Stop Loss: $2.20
Why Long?
#raydium ($RAY ) is showing renewed bullish strength, up +11.81% on the day and currently trading at $2.357. After a dip to $2.032, the price bounced strongly, forming a higher low and reclaiming the $2.30 level with confidence.
The hourly chart shows a strong bounce pattern, and the Stochastic RSI is recovering from oversold levels – with STOCHRSI at 50.05 and MASTOCHRSI at 24.20 – suggesting momentum is shifting back in favor of buyers.
With the recent high of $2.493 acting as the immediate resistance, a clean breakout above this level could pave the way toward $2.60 and potentially $2.70 if volume continues rising.
The bullish structure remains valid as long as price holds above the $2.20 support area, which has served as a strong bounce zone during the last correction.
Trade Management Tip:
Monitor volume and candle closings above $2.38. Consider scaling in with tight stop losses if $2.48 is approached with strength. Momentum is still early, and upside potential looks promising.
Trade Here On $RAY Before Next Move Sparks Off Again 😲