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$RAY Market Insight: Shining is imminent, are you following?
Chart analysts and cryptocurrency hunters, pay attention to the $RAY trend! @Raydium has released a key bullish signal on the daily chart, which may be the last opportunity to get on board.
Resistance and Support Analysis
- Strong resistance zone ($3.85 - $4.00): The price has tested this resistance level twice, accompanied by a significant accumulation of trading volume, with clear signs of a breakthrough.
- Strong support level ($3.15): Bulls are fully defending this position, with each price drop being quickly absorbed, showing strong market confidence.
Target price forecast
Once the current red resistance area is successfully broken through, the #Ray price is expected to rise sharply, targeting $6.50+, with an increase of over 75%. The attractiveness of the green target area is enormous.
Trading volume and fundamental highlights
- Surge in trading volume: Pay attention to the continuously accumulating trading volume, as smart money is quietly positioning itself. At this moment, are you an observer or will you take action?
- Fundamental advantages: #raydium 作为 # solana is one of the top #DEXs on the platform, with advantages of fast trading, low fees, and continuous development. Combined with enticing chart patterns, it presents a high-potential swing trading opportunity.
Trading strategy suggestions
- Entry: It is recommended to enter at $3.60.
- Stop Loss: Set the stop loss at $3.14.
- Target: Profit target is $6.50 +.
At this time, it is worth considering: should we chase the rise to enter the market, or should we layout in advance?