$RAY /USDT – Strong Bounce but Faces Resistance
Current Price: $3.50 (+4.13%)
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RAY has shown a healthy bounce from the $3.20 level, but it's now approaching key resistance near $3.57. The price is hovering around MA(7), and although momentum is building, bulls need to reclaim and hold above MA(7) for continuation.
Long Setup (With Caution):
Entry Zone: $3.48 – $3.52
TP1: $3.60
TP2: $3.75
TP3: $3.90
SL: $3.38
Volume on the rise during green candles
MA(7) acting as short-term resistance
Pro Tip: A clean 4H candle close above $3.57 would confirm bullish strength. Until then, stay tight with stop-loss.
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