$RAY Alert: The Fake Breakout Trap! 📉🛑

$RAY is witnessing a sharp rejection from its recent highs as sellers step in with heavy volume. The attempted breakout has failed to hold, confirming a "Fakeout" pattern that often leads to a deep correction.

Trade Setup (Short):

Bias: Bearish Rejection

Entry: 0.685 – 0.695

Targets (TP):

TP1: 0.660 🎯

TP2: 0.635 📉

TP3: 0.610 🚀

Stop Loss (SL): 0.725 (Protect above the fakeout wick)

Market Logic:

Momentum is turning bearish on the 4-hour timeframe, and the price is struggling to stay above key EMA levels. If the support at $0.67 fails, expect a rapid move toward our primary targets.

"Don't get caught in the trap! Click the $RAY widget below to secure your short entry now! 📉👇"

RAY

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