Market Context: RAY has broken through its daily resistance and is currently retesting the breakout level, presenting a prime opportunity to enter a long spot position.
Trade Setup:
Entry: Around $1.98
Take Profit:
First target: $2.30
Second target: $2.60
Stop Loss: Just below $1.70
This setup leverages the breakout retest, offering a solid entry with clear risk management. #RAY #Crypto #Breakout
Trade Setup:
Entry: Around $1.98
Take Profit:
First target: $2.30
Second target: $2.60
Stop Loss: Just below $1.70
This setup leverages the breakout retest, offering a solid entry with clear risk management. #RAY #Crypto #Breakout
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.