$RAY 5 minutes, +3.58%, current price 2.2523. There are two possible scenarios from here:
① If it pulls back without breaking below the launch level → the upward move is likely to continue, with the 24h high of 2.3378 as the first target
② If it falls below the launch level → this move looks more like a spike, so exit for now
I'm personally paying more attention to the support on the first pullback. How do you interpret these data?
#RAY
This article is for reference only and is not investment advice.
① If it pulls back without breaking below the launch level → the upward move is likely to continue, with the 24h high of 2.3378 as the first target
② If it falls below the launch level → this move looks more like a spike, so exit for now
I'm personally paying more attention to the support on the first pullback. How do you interpret these data?
#RAY
This article is for reference only and is not investment advice.