RAY/USDT — Critical Point: Accumulation or Breakdown New Lows?

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RAY/USDT — Critical Point: Accumulation or Breakdown New Lows?RAY / TetherUSBINANCE:RAYUSDTCryptoNuclearRAY is currently sitting at one of the most crucial structural zones, around the major support area of $1.50 – $1.96 (yellow box). This area has acted as a key price pivot since mid-2024, where buyers and sellers have continuously battled for control. After a sharp correction from the 2025 peak, price managed to hold above the main demand zone, with a long downside wick signaling liquidation or stop-hunt followed by immediate buying pressure. This kind of reaction often represents a potential spring phase before a major trend reversal — if confirmed by a strong weekly close above support. --- Structure & Pattern Analysis Range Base / Accumulation Zone: The yellow block ($1.5 – $1.96) acts as a potential accumulation base, resembling a Wyckoff Accumulation pattern, where the spring phase (wick below support) might have just occurred. Lower High Structure: The current structure still shows lower highs, but a confirmed higher low above $1.9 could signal a major trend reversal. Key Resistance Levels: 2.72 – 3.67 – 7.25 – 12.68 – 16.66 – 17.80 → These are progressive resistance targets for any mid-term bullish move. --- Bullish Scenario If RAY manages to close the weekly candle above $1.96 and hold, it would confirm: A reclaim of the major demand zone. Validation of the Wyckoff spring phase (accumulation completed). The beginning of a mid-term trend reversal toward higher targets. Bullish Targets: 1️⃣ $2.72 → First resistance / breakout trigger. 2️⃣ $3.67 → Range breakout confirmation. 3️⃣ $7.25 → Mid-term target zone (previous supply level). A breakout with strong volume above $3.67 would likely trigger a larger markup phase, indicating the start of a new bullish cycle. --- Bearish Scenario If price fails to hold and closes weekly below $1.50, it would mean: The main structural support has broken down. Selling pressure could intensify toward $1.00 – $0.60. In an extreme case, price might revisit its historical liquidity zone around $0.13. Bearish Confirmation Signs: Weekly close < $1.50. Consecutive lower closes without recovery. High-volume red candle (true capitulation, not just a sweep). --- Technical Summary RAY is standing at a macro decision zone — every upcoming weekly close will define whether: The market is building a new base for the next bullish cycle, or Entering a continued bearish leg toward historical lows. The area between $1.5–$1.9 is the “make or break zone.” As long as the price doesn’t close below it, the mid-term bullish structure remains valid. --- Trading Notes Strong rejection candles within support = potential swing-buy opportunities (tight SL below wick). Breakout above 2.72 with strong volume = confirmation for mid-term re-entry. Be cautious of fakeouts — always wait for weekly candle closes before confirming bias. --- #RAYUSDT #Raydium #CryptoAnalysis #WeeklyChart #MarketStructure #CryptoTechnical #SwingTrade #Wyckoff #DeFi #SupportZone #PriceAction #TrendReversal #AltcoinSetup #TradingViewAnalysis