๐ Paradisers, direct your attention to #RAYUSDT, as it's currently showing signs of a potential major move from an important demand level.
๐ #Raydium is charting an upward path, indicating a likely bullish breakout from its current demand zone. There's an anticipation that it will retest the demand level at $1.01 before embarking on further upward momentum. If #RAY manages to stay above this level, it sets the stage for a potential rise towards the key supply zone at $2.05.
๐ However, if #RAY encounters difficulties in sustaining above the $1.01 level, it may be time to reassess our trading approach. In this event, we would consider shifting our focus to initiating a bullish move from a lower bullish Order Block (OB) level at $0.72.
๐ Monitoring this level is critical, as a decline below it could indicate the start of a significant bearish trend.
๐ Stay vigilant and ready to adapt, Paradisers. Your ParadiseTeam is committed to providing you with the most current insights and strategic advice, ensuring you're fully equipped to handle these market dynamics effectively.