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【$RAY Signal】Pullback with multiple entries, overbought at high levels awaiting correction
$RAY 1H RSI 94.86, sell order depth ratio 26.96%, funding rate -0.62%. 4H MACD expanding but price far from EMA20, clear sell-off gap, active turnover at high levels.
🎯Direction: Long (pullback orders)
⚡Entry/Order: 0.7016
🛑Stop loss: 0.6742
🚀Target 1: 0.7564
🚀Target 2: 0.7838
🛡️Trade management: - After order trigger, if the price falls below 0.7016 and rebound fails, exit at stop loss. After reaching Target 1, reduce position by 50%, move stop loss to breakeven. Remaining position aims for Target 2.
Depth logic: OI stable but funding rate negative, risk of short squeeze and selling pressure competing. 1H Bollinger upper band at 0.8210 has been pierced, price returning to the middle band at 0.7080 with strong demand. Current risk-reward ratio about 1:2, suitable for ambush.
Check real-time market 👇 $RAY
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