📉 Technical Analysis – RAY/USDT

Current Price: $2.13 | Daily Drop: -10.41%

Current Trend: Strong downtrend in the short and medium term.

All moving averages (MA7, MA25, MA99) are above the current price, and the RSI at 13.68 indicates an extremely oversold condition.

🔁 DCA Strategy (Dollar Cost Averaging)

Gradual entries in potential bottom zones:

💸 First entry: $2.05 (recent local low)

💸 Second entry: $1.95 (if support breaks)

💸 Third entry: $1.80 (psychological zone and macro support)

🎯 Goal: Reduce average entry price and position for a potential future recovery.

📈 Swing Trade – Reversal Strategy

If a reversal signal appears with volume, strong bullish candle, and resistance breakout, consider these scenarios:

🟢 Long Scenario (bullish reversal)

Entry: $2.20 (above MA7 with confirmation candle)

🎯 Target 1: $2.36 (MA7)

🎯 Target 2: $2.75 (MA25 zone and key resistance)

⛔️ Stop loss (5%): $2.09

🔴 Short Scenario (bearish continuation)

Entry: $2.05 (break of current support)

🎯 Target 1: $1.95

🎯 Target 2: $1.80

⛔️ Stop loss (5%): $2.15

📌 Trend Summary:

Short-term: Bearish

RSI suggests a possible technical reaction, but no clear reversal confirmation yet.

Suitable for traders looking for structured opportunities (DCA or swing) with risk management.

⚠️ Disclaimer:

This content is for educational purposes only and does not constitute financial advice. Always do your own research and use stop-loss.

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