🔥 $RAYSOL Short Setup! 🔥
RAYSOL is in a strong Downtrend, making Trend-Following Short positions the favored strategy right now.
To avoid entering at the bottom, it's safer to wait for a price retest at the Resistance level before entering.
📌 Short Trade Parameters:
• Entry Zone: $1.88 – $1.93
• Take Profit (TP 1): $1.8440
• Take Profit (TP 2): $1.7500
• Stop Loss (SL): $1.9200
• Leverage: 2x – 5x (Low Risk)
The bearish momentum remains strong, and if the 1-Hour candle closes firmly below the $1.8628 Support, further downside is highly likely.
RAYSOL is in a strong Downtrend, making Trend-Following Short positions the favored strategy right now.
To avoid entering at the bottom, it's safer to wait for a price retest at the Resistance level before entering.
📌 Short Trade Parameters:
• Entry Zone: $1.88 – $1.93
• Take Profit (TP 1): $1.8440
• Take Profit (TP 2): $1.7500
• Stop Loss (SL): $1.9200
• Leverage: 2x – 5x (Low Risk)
The bearish momentum remains strong, and if the 1-Hour candle closes firmly below the $1.8628 Support, further downside is highly likely.