RAY / TetherUS
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Is RAYUSDT About to Break Out? Key Levels to Watch Now!

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Yello, Paradisers! Is RAYUSDT gearing up for a massive breakout? The chart is showing a proper triple zigzag within a descending channel, which significantly increases the probability of an upcoming bullish move.

💎If RAYUSDT bounces from the current level, it could form a W-pattern, but for a high-probability setup, we need to see a breakout and a confirmed candle close above the key resistance. This move would also break the descending channel, signaling a stronger bullish push.

💎On the other hand, if the price retraces further or consolidates, a bounce may still occur, but the setup would be lower probability, making it less favorable to trade in this zone.

💎However, if RAYUSDT breaks down and closes below the support zone, the entire bullish setup will be invalidated. In that case, it would be wiser to wait for better price action before looking for new opportunities.

🎖 Patience and discipline are key, Paradisers. If this breakout happens, it will be a strong opportunity—but if invalidated, we wait for the market to present a better setup. Trade smart!

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