⚠️ P2P Scam Alert! ⚠️ Recently, I was scammed and lost Rs. 40,000 — sharing this so you don't become the next victim. I sold 134 USDT to an unknown buyer. He claimed to have sent the payment from a UBL account under the name "Laili Rani." After checking my bank app and seeing the amount, I released the USDT. But when I later tried to withdraw the Rs. 40,000, an error occurred. I immediately contacted my bank helpline, and they told me that the sender had filed a complaint saying the payment was made “by mistake.” Because of that, the payment is now on hold, and I can't access my funds. This is a common scam in P2P crypto trading. Scammers use someone else’s account to send payment, and then report it as accidental — locking your funds. ‼️ Please be cautious when trading USDT or crypto. ‼️ Never release assets until the payment is 100% verified and cleared. ‼️ Avoid dealing with unknown or unverified buyers. Stay alert. Stay safe. Share this to spread awareness.
$RAY is trading at $4.884, up +2.07% in the last 24 hours, with a high of $4.987 and a low of $3.971. The 24-hour trading volume is robust at 13.37M RAY ($60.17M USDT), reflecting significant market activity.
Analysis:
On the 4-hour chart, $RAY is displaying strong bullish momentum, gaining +7.70% in recent sessions. The current price is approaching key resistance levels near $5.00, with immediate support around $4.60. A breakout above $5.00 could signal a continuation of the rally.
💡 Trade Setup:
Bullish Scenario (Long):
Entry: Above $5.00
Targets: $5.40, $5.80, $6.00
Stop Loss: Below $4.60
Bearish Scenario (Short):
Entry: Below $4.60
Targets: $4.20, $4.00, $3.80
Stop Loss: Above $5.00
Market Sentiment:
$RAY's performance aligns with renewed interest in DeFi tokens, fueled by its impressive 222.84% growth over 90 days. Traders should watch for volume spikes and broader market conditions for confirmation of further trends.
📈 Stay Ahead: Follow for accurate signals and strategies—consistently delivering high success rates. Join the DeFi momentum today! 🚀
However, as of now, the SEC has not approved any cryptocurrency ETFs for Polkadot. The ETF approval process for cryptocurrencies remains challenging, with the SEC typically being cautious about approving such financial products. The landscape for crypto ETFs has been evolving, with recent approvals for Bitcoin and Ethereum ETFs in early 2024 potentially paving the way for other cryptocurrency ETF applications. But each application is scrutinized individually, and approval is not guaranteed.
$RAY Today, **Ray (RAY)** presents a **bullish** outlook due to its strong market momentum and recent price stability. After consolidating near the **$4.961** mark, it has the potential to see further upward movement, especially given the positive market sentiment and growing adoption in its niche.
The **target price** for RAY in the short term is **$5.20**, with a **buy price** around **$4.90** for potential upside. The current price of **$4.961** suggests it's in a good accumulation zone.
Given the recent chart patterns and fundamental factors, the likelihood of a break above **$5** is strong, but a pullback near **$4.90** should be watched as a potential entry point. Strong support exists around **$4.85**, so any drop below that might signal a more cautious stance.
In conclusion, **Ray (RAY)** shows promise with solid growth prospects.