$RAY This +12.23% looks strong, but the line can’t just be drawn upward. Current price 1.361, 24h turnover 28.89M. For short-term resistance, I’ll place it first at 1.422; for support, look at 1.313. In terms of pattern: the first segment after the volume surge tends to attract chasing orders, but what truly determines direction is whether the pullback manages to “eat” the previous bullish candle. When you open the token page and look at the 1h structure: if volume is still building above 1.381, there’s a decent chance the trend continues; if volume shrinks but the price keeps hard-pushing upward, then you should guard against a fake breakout. I’ll also check whether, near the prior high, there are consecutive upper wicks—if it can’t break through twice, that suggests selling pressure hasn’t been digested. Conversely, if the pullback doesn’t break and volume declines as well, then the pattern counts as shifting from a rally into consolidation. For the short term: only if the next two consecutive 1h candles close above the observation line will I treat the move as trend continuation instead of a rebound; otherwise, it’s just a high-range shakeout. My conclusion is very direct: only a breakout above 1.422 makes me look to the next leg; if it falls below 1.313, I won’t stubbornly hold on.