$RAY Drop after strong test — Reversal pressure is increasing
It rose sharply to $3.37, but the price is now slipping below $3.22, indicating short-term weakness and the possibility of a deeper pullback if the bulls fail to hold above support.
Unless RAY can convert $3.30 into support again, the risk of decline remains active in the near term with the next support expected around $3.00.
Trading setup (short):
Entry zone: $3.21 – $3.26
Targets:
1 :$3.10
2 :$2.98
Stop Loss (SL): $3.33
Buy and trade here $RAY
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