Price: 2.048 | EMA7: 2.08 | EMA25: 2.08 | RSI14: 45.49 | Resistance: 2.78 | Support: 1.735 | Average Volume: 860017.42 | Volume Trend: Decreasing
RAYUSDT is showing signs of consolidation.
**Entry:** A long position could be considered around the EMA25 (2.08) if it breaks with increasing volume. A short position could be considered around the resistance (2.78) with a stop-loss below 2.65.
**Spot Buy:** You might consider accumulating around the current support (1.735) for a longer-term play.
**Caution:** Decreasing volume indicates waning momentum. Monitor closely for confirmation and trend reversal signals.
Remember, this is just a technical analysis and should be considered alongside fundamental research and risk management.