RAY tested both sides of the 17:00 framework—and the distinction was one tick.
$RAY first closed at 2.5216 above the 2.50 momentum level, but failed to hold. It later printed an exact 2.4000 low without closing below the 2.40 invalidation, then recovered to a 2.5080 close at 22:45 and a 2.5210 snapshot at 23:00 Beirut.
So the first confirmation failed; the invalidation did not. The late reclaim is constructive, but one close is not enough to declare continuation.
Next checkpoint: the 00:00 UTC daily close, at 03:00 Beirut. Holding above 2.50 would preserve the rebound; a 15-minute close below 2.40 would invalidate the framework. Between 2.40 and 2.50 remains noise.
Original framework: https://www.binance.com/en/square/post/374745342363229
Binance Spot, RAYUSDT, 15m, 7 Oct 2026 23:00 Beirut.
#RAY #TradingPlan
$RAY first closed at 2.5216 above the 2.50 momentum level, but failed to hold. It later printed an exact 2.4000 low without closing below the 2.40 invalidation, then recovered to a 2.5080 close at 22:45 and a 2.5210 snapshot at 23:00 Beirut.
So the first confirmation failed; the invalidation did not. The late reclaim is constructive, but one close is not enough to declare continuation.
Next checkpoint: the 00:00 UTC daily close, at 03:00 Beirut. Holding above 2.50 would preserve the rebound; a 15-minute close below 2.40 would invalidate the framework. Between 2.40 and 2.50 remains noise.
Original framework: https://www.binance.com/en/square/post/374745342363229
Binance Spot, RAYUSDT, 15m, 7 Oct 2026 23:00 Beirut.
#RAY #TradingPlan
