RAY / Tether PERPETUAL FUTURES
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$RAYDIUM Local Bottom in?

408
$RAYDIUM has been cooling off the pass week while the other assets gain. Ray hit the trend perfectly with a double bottom in the liquidity zone on the 4hr time frame. We could see continuation from here. Short term I can see an 18% gain from here with a longer view of %40 + in the coming weeks/month.

Entry: $5.4
TP 1: $6.35
TP 2: $6.9
TP 3: $7.8

If we break the $6.5 area, consider adding to your position or enter a new one on confirmation.

This is a longer swing trade that may take several weeks to play out, broader market dependant.

NFA and always do your own research. Nothing is guaranteed.

GL:)
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Not enough volume to push price higher, a great pull back is more likely to happen before the next major leg up.

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