$RAY /USDT ON THE EDGE OF A BREAKOUT OR PULLBACK – STRATEGY INSIDE! ‼️🚨

The $RAY /USDT chart on Binance’s 15-minute timeframe is showing potential action zones. The price currently sits at 2.894 USDT, with a significant resistance level near 3.000 USDT and a strong support line around 2.700 USDT. This setup suggests a critical decision point for traders aiming to capitalize on volatility.

💡 Critical Levels to Watch:

• Resistance Zone: 3.000 USDT – A breakout above this level may signal a bullish rally with potential targets at 3.100 USDT and beyond.

• Support Zone: 2.700 USDT – If price retreats to this level, it could offer a potential long entry, but a break below could drive a deeper pullback.

📈 Long Entry Strategy: Buy near 2.800 USDT if price approaches the support, with a target of 3.000 USDT and 3.100 USDT for profits. Set a stop loss at 2.650 USDT to protect against downside risk.

📉 Short Entry Strategy: Consider entering a short position around 3.000 USDT if price fails to break resistance, targeting 2.800 USDT and 2.700 USDT for potential gains. Place a stop loss above 3.100 USDT to manage risk.

🔍 Current Market Sentiment: RAY/USDT is near key zones, so keep an eye on volume and price action to confirm a strong move. This setup presents opportunities for both bullish and bearish traders!

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