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$RAY /USDT Ignites with Over 27% Gains – Is This the Start of a Major Breakout? ⚡🎯
$RAY /USDT has surged, trading at $4.155 with an impressive +27.61% gain, drawing significant attention from traders. The bullish momentum raises the question: is this a breakout that will push it even higher? Let’s dive into key levels and targets to watch as this trend unfolds.
📈 Market Snapshot:
24-Hour High: $4.176 – testing critical resistance.
24-Hour Low: $3.189 – recent support zone showing the uptrend's strength.
7-MA (Hourly): $3.981 – maintaining a strong upward trajectory.
🎯 Key Targets for RAY:
1. First Target: $4.50 – A push past $4.176 could fuel momentum toward this level.
2. Second Target: $4.90 – Breaking $4.50 may set the stage for testing this crucial resistance.
3. Extended Target: $5.50 – Sustained bullish pressure could drive
$RAY toward this significant milestone.
🔻 Support Levels to Monitor:
Initial Support: $3.703 (25-MA) – A dip below this could signal consolidation or a temporary retracement.
Key Support: $3.431 (99-MA) – A drop here may indicate a shift in the current uptrend's strength.
⚠️ Trader's Insight: Volume and follow-through will be essential to watch. If bullish volume continues to rise, it may validate further gains, while a pullback below initial support levels could signal profit-taking or a pause in the rally.
Will RAY/USDT soar past its current highs or face resistance at these key levels? Keep these targets in mind as the market moves! 🚦📊
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