$RAY : Golden Cross Formation Confirmed on $RAY 4-Hour Timeframe

LONG SETUP RAY

Entry: $2.0700 - $2.0900
Stop Loss: $2.0000
Take Profit: $2.2400 (2R)

Key Levels: Support $2.0561 | Resistance $2.1500

Technical Analysis for $RAY : Price is above EMA9, EMA21, EMA50 and EMA200, with MACD histogram positive and ADX at 37 confirming a strong uptrend. RSI (73) and Stochastic (K 97) show overbought conditions, a pullback risk. Target a retest of the 2.072.09 zone; a clear break above 2.15 would validate the move. This is a conditional technical scenario, not a verified trade or

Market Context: BTC is in a shortterm bearish phase and overall market breadth is negative, but RAYUSDT shows bullish momentum on its own technicals.

Can $RAY hold support and challenge resistance? Follow for more data-led market setups.

LONG $RAY