$RAY/USDT – BEARS GRIP TIGHTENS 🔻

$RAY is under strong selling pressure, currently trading at $2.040 (-4.18%) on the 4H timeframe. The price rejected from the 2.543 high and continues to slide beneath all major moving averages (MA-7, MA-25, MA-99), confirming a strong bearish momentum.

Technical Breakdown:

🔴 Trend: Bearish

📉 MA-7 < MA-25 < MA-99 — confirms sustained downtrend

📉 Lower highs & lower lows forming continuously

🟣 24H Range: $2.036 – $2.136

Trade Setup (Short Bias):

Entry Zone: $2.050 – $2.070

Take Profit 1: $2.000

Take Profit 2: $1.920

Stop Loss: $2.145 (above MA-25 and recent swing)

⚠️ Break below $2.011 support could trigger another leg down. Best to wait for volume confirmation before entering.

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