$RAY is showing a potential short setup after long liquidations near $1.95556. Selling pressure may persist if buyers cannot reclaim the liquidation area.
EP: $1.950–$1.960
TP1: $1.935
TP2: $1.915
TP3: $1.890
SL: $1.975
Look for a failed reclaim and lower-high formation before entering. A strong recovery above resistance would weaken the short thesis, so avoid selling into a confirmed bullish reversal#EarningsSeason #CFTCSeeksCommentOnRetailDigitalAssetFramework #EliceReboundsToDailyLimit #SwitzerlandApprovesFirstBitcoinETF
EP: $1.950–$1.960
TP1: $1.935
TP2: $1.915
TP3: $1.890
SL: $1.975
Look for a failed reclaim and lower-high formation before entering. A strong recovery above resistance would weaken the short thesis, so avoid selling into a confirmed bullish reversal#EarningsSeason #CFTCSeeksCommentOnRetailDigitalAssetFramework #EliceReboundsToDailyLimit #SwitzerlandApprovesFirstBitcoinETF