RAI/USDT Market UpdateWelcome to today's analysis! Let’s break down the current price action on LSE:RAI and potential trade setups.
🌐 Overview: LSE:RAI Testing Key Resistance
📈 LSE:RAI is currently testing the red resistance zone. If a breakout occurs, the first target is the green line level.
🔄 Current Scenario:
LSE:RAI is at a key resistance level where price action will decide the next move.
If the price reaches the blue zone and breaks out, the bearish structure of lower highs (LH) and lower lows (LL) could be invalidated.
🔑 Key Levels to Watch
🔴 Resistance Zone: Red Zone (Needs breakout for continuation)
🟢 First Target: Green Line (If breakout succeeds)
🔵 Breakout Above Blue Zone: Could confirm the end of the bearish structure (LH and LL)
🛠️ Trade Scenarios
📌 Bullish Scenario (Breakout Above Resistance)
If LSE:RAI breaks and holds above the red resistance zone, it could move toward the green line target.
A further move into the blue zone and a breakout would suggest the bearish structure is broken, confirming a potential shift in trend.
📌 Bearish Scenario (Rejection at Resistance)
If LSE:RAI fails to break out, we could see a pullback or consolidation before another attempt.
📌 Conclusion
LSE:RAI is at a critical resistance zone—a breakout could push the price toward the green target, while a move into the blue zone and breakout could confirm the end of the bearish structure. If the price fails to break out, another retest may be needed.
