๐ $RAY /USDT Ignites with Over 27% Gains โ Is This the Start of a Major Breakout? โก๐ฏ
$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? Letโs dive into key levels and targets to watch as this trend unfolds.
๐ Market Snapshot:
24-Hour High: $4.176 โ testing critical resistance.
24-Hour Low: $3.189 โ recent support zone showing the uptrend's strength.
7-MA (Hourly): $3.981 โ maintaining a strong upward trajectory.
๐ฏ Key Targets for RAY:
1. First Target: $4.50 โ A push past $4.176 could fuel momentum toward this level.
2. Second Target: $4.90 โ Breaking $4.50 may set the stage for testing this crucial resistance.
3. Extended Target: $5.50 โ Sustained bullish pressure could drive $RAY toward this significant milestone.
๐ป Support Levels to Monitor:
Initial Support: $3.703 (25-MA) โ A dip below this could signal consolidation or a temporary retracement.
Key Support: $3.431 (99-MA) โ A drop here may indicate a shift in the current uptrend's strength.
โ ๏ธ 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! ๐ฆ๐
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