$RAYSOL is showing signs of recovery, but the short term momentum still needs confirmation.
Trading at $2.36, the price remains above the 25 and 99 period moving averages, keeping the broader 4H structure constructive.
RSI has recovered to 51.84, while the recent MACD bearish crossover signals some caution.
The key level is $2.37; a breakout with stronger volume could support further upside toward $2.55. On the downside, $2.26 and $2.20 is the zone to watch.
The trend is holding, but volume confirmation is still missing. Not financial advice.
Trading at $2.36, the price remains above the 25 and 99 period moving averages, keeping the broader 4H structure constructive.
RSI has recovered to 51.84, while the recent MACD bearish crossover signals some caution.
The key level is $2.37; a breakout with stronger volume could support further upside toward $2.55. On the downside, $2.26 and $2.20 is the zone to watch.
The trend is holding, but volume confirmation is still missing. Not financial advice.