$RAY /USDT Breakout Watch: Strong Upside Momentum
$RAY is making waves in the market, currently trading at 4.956 USDT, reflecting an impressive +8.04% increase in the last 24 hours. Here's a technical breakdown with the key levels to watch:
Price Targets:
1. Target 1: 5.10 (Immediate resistance level, a breakout confirms strength)
2. Target 2: 5.30 (Next significant hurdle for continued bullish momentum)
3. Target 3: 5.50 (Extended rally potential with strong market support)
Strategy Insights:
For Traders: Look to secure partial profits as the price nears 5.10 and trail stop losses for additional safety.
For Investors: A breakout above 5.10 could indicate a broader bullish trend, making higher targets like 5.50 achievable.
Monitor market volume and sentiment closely to capitalize on the momentum. Stay informed and trade wisely!