$RAY - a complex coin, perfect for disassembly.

We are already above the level of 2.66, which confirms the bullish structure after the drop from the $7 zone. The current situation on the chart resembles a flat with accumulation. If the price drops to the $1.5 zone, it could be an extended range for further accumulation.

On the 1D chart, candles with volume confirmation are visible, especially after the local bottom. This suggests that:

MM or a big player is at work;

accumulation is not aggressive to avoid attracting attention;

there are high chances of breaking through 3.86 and exiting accumulation.

Possible targets in a positive scenario:

5.45 / 7.07 / 9.04

This is not investment advice, just an analysis of the market phase and price behavior.

The focus is on volume reaction, behavior after the dump, and key levels.

#BinanceSquareTalks #smartmoney #CryptoAnalysis"