$RAY / USDT – Bullish Momentum Breakout
$RAY just printed a strong expansion candle and tagged 0.727, confirming a momentum breakout after forming a higher low near 0.61 and compressing for several candles.
Short-term structure has now flipped bullish with higher highs and higher lows.
Immediate Resistance: 0.72 – 0.73
If this zone breaks cleanly, next upside area sits at 0.78 – 0.82.
Key Supports:
– Support: 0.65
– Major support: 0.61
As long as price holds above 0.65 on pullbacks, buyers remain in control.
Trade Setup – Long $RAY
Entry: 0.67 – 0.70
Stop Loss: 0.61
Targets:
TP1: 0.73
TP2: 0.78
TP3: 0.82
Leverage: Max 8x – 12x
⚠️ Don’t chase the top. Best entries come on a controlled pullback toward 0.66 – 0.67 while momentum stays strong.
RAY
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