$RAY #RAY 📉
Direction: SHORT 📉
Entry zone: 1.537 to 1.543
Stop loss: 1.563
Target 1: 1.509
Target 2: 1.486
Raydium is trading near 1.54 dollars, down 5.74 percent in 24 hours, inside a range of 1.54 to 1.63. My reading is that price is sitting exactly on the range low after a hard day, because the recent closes faded step by step, 1.55, then 1.56, then 1.56, then 1.54, which is steady selling into the floor, not a capitulation that usually bounces. 📉 A short from the current zone, with a stop above 1.563, targets 1.509 first and then 1.486 if selling continues. A recovery above 1.563 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Raydium fall to 1.509 first, or recover above 1.563? 🤔
Follow for more trades.
#Raydium #Crypto #FuturesTrading #TradingSignals
Direction: SHORT 📉
Entry zone: 1.537 to 1.543
Stop loss: 1.563
Target 1: 1.509
Target 2: 1.486
Raydium is trading near 1.54 dollars, down 5.74 percent in 24 hours, inside a range of 1.54 to 1.63. My reading is that price is sitting exactly on the range low after a hard day, because the recent closes faded step by step, 1.55, then 1.56, then 1.56, then 1.54, which is steady selling into the floor, not a capitulation that usually bounces. 📉 A short from the current zone, with a stop above 1.563, targets 1.509 first and then 1.486 if selling continues. A recovery above 1.563 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Raydium fall to 1.509 first, or recover above 1.563? 🤔
Follow for more trades.
#Raydium #Crypto #FuturesTrading #TradingSignals
