#RAY/USDT

#RAY

The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it

We have a bounce from the lower limit of the descending channel, this support is at a price of 4.80

We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise

We have a trend to stabilize above the Moving Average 100

Entry price 5.05
First target 5.31
Second target 5.62
Third target 6.01