๐ $RAY Breakout Aftershock โ Can Bulls Push Higher?
$RAY has delivered a powerful breakout, surging over 40% and reaching $1.4428 before profit-taking kicked in. Now the key question is whether buyers can turn this pullback into a healthy consolidation.
๐ 1H: Short-term momentum has cooled after the sharp rally, with price pulling back below the 7-MA. Holding $1.17โ$1.20 could help bulls rebuild momentum.
๐ฅ 4H: The structure remains strongly bullish, with price well above the major moving averages. A reclaim of $1.30โ$1.33 could bring the recent high back into focus.
๐ 1D: The biggest signal is the explosive daily breakout above the previous trading range, supported by a major volume expansion. As long as the breakout structure holds, the broader trend remains bullish.
๐ฏ Key Levels ๐ข Support: $1.17โ$1.20
๐ Resistance 1: $1.30โ$1.33
๐ Resistance 2: $1.44โ$1.48
๐ฏ Next Target: $1.55+ if the breakout continues
โ ๏ธ After such a vertical move, volatility and profit-taking can remain high. Watch the support zone carefully.
Do you think $RAY will reclaim $1.44 soon, or is a deeper pullback coming first? ๐
#RAY #Crypto #BinanceSquare
#ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance #BitcoinETFsBiggestDailyInflowSinceJanuary #USAugustJobGrowthNearlyTriplesForecast
$RAY has delivered a powerful breakout, surging over 40% and reaching $1.4428 before profit-taking kicked in. Now the key question is whether buyers can turn this pullback into a healthy consolidation.
๐ 1H: Short-term momentum has cooled after the sharp rally, with price pulling back below the 7-MA. Holding $1.17โ$1.20 could help bulls rebuild momentum.
๐ฅ 4H: The structure remains strongly bullish, with price well above the major moving averages. A reclaim of $1.30โ$1.33 could bring the recent high back into focus.
๐ 1D: The biggest signal is the explosive daily breakout above the previous trading range, supported by a major volume expansion. As long as the breakout structure holds, the broader trend remains bullish.
๐ฏ Key Levels ๐ข Support: $1.17โ$1.20
๐ Resistance 1: $1.30โ$1.33
๐ Resistance 2: $1.44โ$1.48
๐ฏ Next Target: $1.55+ if the breakout continues
โ ๏ธ After such a vertical move, volatility and profit-taking can remain high. Watch the support zone carefully.
Do you think $RAY will reclaim $1.44 soon, or is a deeper pullback coming first? ๐
#RAY #Crypto #BinanceSquare
#ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance #BitcoinETFsBiggestDailyInflowSinceJanuary #USAugustJobGrowthNearlyTriplesForecast
