#RAY/USDT #CryptoPreUSElection 
1. Price Movement & MACD:
- The price is trending upwards with a positive change of +10.32%.
- The MACD line (DIF) is above the Signal line (DEA), indicating bullish momentum. However, the values are close, which suggests a potential slowdown.
2. Moving Averages (MA):
- The 5-period MA (39,068.3) is above the 10-period MA (35,850.2), supporting a bullish trend. However, a crossover or divergence may signal a trend reversal.
3. Volume:
- There was a volume increase around the recent price hike, which may validate the bullish momentum. But if volume drops, it may indicate weakening interest.
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### Suggested Trading Strategy
#### Long Entry:
- Entry Point: Consider entering around the current price if the upward momentum continues. Watch for another confirmation with the MACD or a sustained volume increase.
- Take Profit (TP): Aim for a target between 5-10% above your entry price.
- Stop Loss (SL): Set at 3.30, slightly below recent support, to protect from a downward move.
#### Short Entry:
- Entry Point: If the MACD line crosses below the Signal line or the price breaks below the 5-day MA.
- Take Profit (TP): Aim for 3.25, around the previous support level.
- Stop Loss (SL): Place at 3.60, slightly above recent highs to limit losses.
### Contingency Planning:
- If Signals Turn Bearish for Longs: Exit the long trade if price breaks below 3.30 with a significant increase in sell volume.
- If Signals Turn Bullish for Shorts: Exit the short trade if the price rises above 3.60 with a strong bullish signal in MACD or volume.
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Trade Duration: Plan for a short-to-medium term hold, 1-3 days, depending on volume and price action. Monitor closely for any rapid changes in trend. #CPI_BTC_Watch #TradingMadeEasy #Write2Earn! $RAY
