๐ $RAY /USDT โ Riding the Wave or Topping Out? ๐๐
$RAY is on the move with a strong +6.29% pump to $3.56, testing key resistance after a steady climb. But can it push further, or are we due for a cool-off? Letโs chart it out ๐
๐ Market Overview
๐ Current Price: $3.567
๐ 24h High: $3.607
โ๏ธ 24h Low: $3.311
๐ 24h Volume: 4.23M RAY / 14.60M USDT
๐ RSI (6): 67.95 (approaching overbought)
๐ MA Levels:
โโข MA(7): $3.487
โโข MA(25): $3.429
โโข MA(99): $3.255
๐ Volume Trend:
โข Vol spike to 290K+ is fueling momentum
โข MA(5) and MA(10) both rising = healthy trend
โข Key resistance next: $3.64
๐ง RAY Trade Setup โ Price Map
๐น Bullish Scenario (Momentum Play):
Entry: Break and hold above $3.610
Targets: $3.75 โ $3.90 โ $4.15
Stop-Loss: $3.48
๐น Bearish Scenario (Overbought Rejection):
Entry: Break below $3.37
Targets: $3.24 โ $3.10
Stop-Loss: $3.59
๐ Analysis Summary
โ Trading firmly above all MAs = bullish confirmation
โ ๏ธ RSI near 70 = risk of pullback or consolidation
๐ $3.607โ3.64 = breakout zone to watch closely
๐ฏ Pro Tip:
If volume cools but RSI stays high, we might see a range before the next leg โ donโt FOMO the top.
๐ข Is RAY gearing up for $4+ or stalling at resistance? Your move, trader.
๐ฌ Share your thoughts and tag a fellow alt sniper!