๐ Potential Long Opportunity in RAY (Raydium) โ Key Levels to Watch!
๐ Watching $RAY closely for a dip into a key confluence zone.
If we see a pullback later today into the 0.618 Fib level (~2.87) and the 50 EMA on the daily, which also aligns with the ascending trendline support, Iโll be looking for a potential long entry โ only if price holds above that trendline.
โ ๏ธ Trade plan :
๐ต Entry zone: Around 2.87
๐ Stop loss: If daily candle closes below the trendline
๐ฏ Target: 4.070 (aligned with previous resistance zone)
๐ฅ High setup if conditions align. Watching for confirmation before entering Donโt FOMO. Always Do your own research and manage risk.
