📈 $RAY Attempts Recovery After Steep Drop – Breakout in Sight?
🔹 Current Price: $3.18 (▼ -6.27%)
🔹 Support Held: $3.05
🔹 Consolidation Zone: $3.11 – $3.12
🔹 Breakout Level: $3.15
Analysis:
RAY has rebounded from key support and is eyeing a breakout. If it clears $3.15 with strong volume, it could mark a short-term bullish reversal. Failure to break may lead to another dip toward the lower range.
🔧 Trade Setup:
Entry: $3.11 – $3.13
Stop Loss: $3.04
Take Profit:
• TP1: $3.19
• TP2: $3.26
• TP3: $3.33
📊 Watch Volume – It’s the Key Catalyst!
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