RAY / TetherUS
Alış

RAYUSDT — Testing Demand Zone?, Reversal or Breakdown Ahead?

147
On the Weekly timeframe, RAYUSDT remains in a clear macro downtrend after forming its peak around the 8.7 USDT region. Following a distribution phase in the mid-range area (2 – 3.5), price continued declining gradually, forming consistent lower highs and lower lows.

Currently, price action is approaching a major historical demand / support zone that previously acted as the accumulation base before the massive 2024 rally.

Key zone:

0.215 – 0.160 USDT (Weekly Demand Block)

This area will determine whether the structure forms a macro bottom or continues into a deeper breakdown.


---

Pattern Explanation

1. Macro Distribution → Markdown Phase

After the parabolic rally, price entered distribution.

Wide consolidation range formed.

Support breakdown triggered further markdown.


2. Descending Structure

Characteristics visible on the chart:

Consecutive Lower Highs.

Gradual Lower Lows.

No significant bullish structure break yet.


3. Potential Double Bottom / Accumulation Base

If the demand zone holds, possible formations include:

Double Bottom.

Rounded Base.

Wyckoff Accumulation (Phase A–C).


The yellow zone acts as the last line of defense for buyers.


---

Key Levels

Resistance:

1.00 USDT — Psychological + minor structure.

1.50 USDT — Previous consolidation area.

2.30 – 3.50 USDT — Major supply zone.

5.50+ USDT — Macro distribution region.


Support / Demand:

0.573 USDT — Current reaction level.

0.215 – 0.160 USDT — Major Weekly Demand (Highlighted).

0.133 USDT — Absolute historical low.



---

Bullish Scenario

Bullish confirmation requires:

1. Price sweeps / taps the 0.215 – 0.160 demand zone.


2. Strong rejection appears (long wick / Weekly bullish engulfing).


3. Volume expansion at the lows.


4. Structure break above 1.00 USDT.



Potential upside targets:

Relief rally toward 1.00.

Continuation to 1.50.

Mid-term reversal toward 2.30 – 3.50.


If large accumulation occurs, the macro upside could expand significantly since this zone was the base of the previous rally.


---

Bearish Scenario

Bearish continuation triggers if:

1. Weekly close breaks below 0.160.


2. Demand zone fails to hold.


3. No significant volume reaction appears.



Implications:

Drop toward 0.133 (ATL retest).

If ATL breaks → downside price discovery.

Structure shifts into long-term markdown continuation.


The yellow zone would flip from demand into supply.


---

Conclusion

RAYUSDT is currently at a critical macro level.

Primary trend: Bearish.

Price is approaching major historical demand.

The 0.215 – 0.160 zone will decide reversal vs continuation.


Price reaction here will determine whether the market forms:

A macro bottom, or

A deeper bear market expansion.


Traders should wait for clear price action confirmation before taking large positions.


#RAYUSDT #RAY #Raydium #CryptoAnalysis #TechnicalAnalysis #Altcoins #SupportResistance #Wyckoff #CryptoTrading #Downtrend #Accumulation #MarketStructure #AltcoinSeason #CryptoChart

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.