$RAY Signal】Pullback with multiple plans, negative funding rate support but RSI extremely overbought


$RAY RSI 1H 94.67, price breaks above Bollinger upper band 0.7983, buy-side gap, clear distribution at high levels. 4H MACD still expanding, but deep imbalance -15.84%, funding rate -0.5806% indicates continued short selling.

🎯 Direction: Long (pullback order)

⚡ Entry/Order: 0.6876 (recommended lower limit of the range)

🛑 Stop loss: 0.6679

🚀 Target 1: 0.8381

🚀 Target 2: 0.8414

🛡️ Trade management: - After order trigger, reduce 50% at Target 1, move stop loss up to entry price. If price falls below 0.6876, abandon the position.
Depth logic: Negative funding rate + stable open interest, fierce long-short battle, but overbought area prone to chasing high and absorbing orders, wait for depth to pull back near 0.6876 (close to 4H EMA50 0.6713) to achieve a reasonable risk-reward ratio.
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RAY16.74%
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