RAY: IS A MAJOR BREAKOUT ON THE HORIZON?
RAY is currently trading around $1.7473, up 13.43%, and showing signs of recovery on the weekly chart. After spending an extended period near its lower price range, RAY has made a strong move upward and is now retesting an important support area.
The chart highlights three key support tests, suggesting buyers are defending this zone.
Support Zone: $1.20-$1.40
Resistance Box 1: $3.80-$4.15
Resistance Box 2: $8.00-$8.70
Potential Targets:
- TP1: $3.00
- TP2: $4.15
TP3: $6.00
Extended Target: $8.68-$10.00
A confirmed breakout above the first resistance box, supported by strong volume, could open the door to higher levels.
▲ Losing the support zone could invalidate this bullish outlook.
Are you bullish on RAY?
$NEARUSDT $PEPEUSDT
RAY is currently trading around $1.7473, up 13.43%, and showing signs of recovery on the weekly chart. After spending an extended period near its lower price range, RAY has made a strong move upward and is now retesting an important support area.
The chart highlights three key support tests, suggesting buyers are defending this zone.
Support Zone: $1.20-$1.40
Resistance Box 1: $3.80-$4.15
Resistance Box 2: $8.00-$8.70
Potential Targets:
- TP1: $3.00
- TP2: $4.15
TP3: $6.00
Extended Target: $8.68-$10.00
A confirmed breakout above the first resistance box, supported by strong volume, could open the door to higher levels.
▲ Losing the support zone could invalidate this bullish outlook.
Are you bullish on RAY?
$NEARUSDT $PEPEUSDT
