$RAY USDT BEARISH REVERSAL – SHORT ENTRY COULD BE PROFITABLE SOON
After a strong bullish push reaching $2.181, $RAYUSDT is showing clear signs of weakness with lower highs forming and candles closing below the MA(7) and MA(25). This indicates potential short-term downside momentum as buyers lose steam.
🔻 TRADE SETUP (SHORT):
Entry: $2.115 – $2.125
Take Profit (TP): $2.08 / $2.05
Stop Loss (SL): $2.145
📊 MARKET OUTLOOK:
Momentum is shifting bearish on the 15m timeframe with EMAs turning down. If price breaks below the immediate support near $2.11, further downside towards the 99 MA at $2.09 or even $2.05 is likely in intraday sessions.
⚠️ RISK MANAGEMENT:
Trade with 2-3% wallet risk only, and avoid over-leverage during high volatility.
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