$RAY DeFi Showing Bullish Momentum! 🚀
On the 1h timeframe, $RAY currently at $3.035, up by a solid +4%! The 24h high is $3.050, with a volume of 5M RAY and 16M USDT. The RSI is climbing at 66, indicating increasing buying pressure.
✅ Key Observation:
#Ray is showing consistent upward momentum on the 1-hour chart, approaching its 24h high.
next Next Potential targets:
🎯 $3.050 (24h high - immediate resistance)
🎯 $3.080 (potential next resistance level)
🎯 $3.100 (potential further resistance if momentum continues)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $3.000 (potential near-term support zone)
🛑 Stop Loss: Consider a stop loss around $2.980 to manage risk.
📈 **Potential Price Path in the Next Hours:**
#RAY is steadily gaining upward momentum as it approaches its 24-hour high of $3.050. A sustained break above this level with increasing volume could lead to a move towards the $3.080 resistance and potentially extend towards $3.100. The rising RSI suggests continued upward potential in the short term. Keep an eye on volume for confirmation.
Buy and trade here on $RAY