Everyone’s glued to SOL’s rally, but $RAY is coiling for a breakout that the 4H chart is whispering about. I was flat on the $2.00 line last week and got squeezed, so I’m ready to ride this magnet this time.
$RAY - LONG
Entry: 2.02 – 2.04
SL: 1.85
TP1: 2.30
TP2: 2.50
TP3: 2.80
Why this setup?
- 4H RSI just crossed back above 55, showing momentum returning.
- ATR (1D) ≈ 0.12 gives a tight risk‑reward window; volatility is spiking.
- Price broke the descending channel on the 15m, now testing the $2.50 resistance that’s held since early June.
- Volume on the 1H surged 45% versus the 7‑day average, indicating an armed squeeze.
Debate: Are you flipping to short on the $2.50 cap or loading up for a run to $2.80?
$RAY
$RAY - LONG
Entry: 2.02 – 2.04
SL: 1.85
TP1: 2.30
TP2: 2.50
TP3: 2.80
Why this setup?
- 4H RSI just crossed back above 55, showing momentum returning.
- ATR (1D) ≈ 0.12 gives a tight risk‑reward window; volatility is spiking.
- Price broke the descending channel on the 15m, now testing the $2.50 resistance that’s held since early June.
- Volume on the 1H surged 45% versus the 7‑day average, indicating an armed squeeze.
Debate: Are you flipping to short on the $2.50 cap or loading up for a run to $2.80?
$RAY
