RAY Intraday: Bears Favored — Key Support $0.9954, Resistance $1.0279

RAY (RAY/USDT) trades around $1.01 on January 25, 2026, with a short-term bearish bias. Key intraday support sits at $0.9954 (breakdown target $0.9770 and then $0.9191) while immediate resistance is $1.0149 and a critical reversal level at $1.0279. Price remains below EMA20 (~$1.02) and Supertrend is bearish; RSI ~43 and mixed MACD histogram signal fading momentum. Low volume increases risk of false breakouts; expected volatility could move 2–3% intraday. Correlation with Bitcoin is high (≈0.85); BTC trading near $88.9k is a likely trigger for RAY moves (BTC > $89,276 supports upside, BTC < $88,989 favors downside). Recommended short-term trader actions: watch $0.9954 and $1.0279 for entries, use tight stops, limit risk to ~1–2% position size, prefer scalp shorts on breakdown and long only on confirmed close above $1.0279. Analysts assign a 60% probability to downside and 40% to upside in the next 24–48 hours. This is technical analysis only, not investment advice.
Bearish
The analysis emphasizes a short-term bearish outlook: price is below EMA20, Supertrend signals sell, RSI sits near neutral-to-oversold and MACD shows limited positive histogram but a negative signal line — a mixed momentum picture leaning bearish. Critical intraday support ($0.9954) and lower targets ($0.9770, $0.9191) are defined, while breakout confirmation requires a close above $1.0279. Low volume raises the probability of false breakouts and rapid 2–3% moves, favoring scalp trades and tight stops. High correlation with Bitcoin (≈0.85) means BTC weakness (below $88,989) would likely accelerate RAY downside; conversely BTC strength is needed to validate any RAY reversal. Compared with past altcoin behavior in BTC-led sell-offs, assets trading under key EMAs with bearish Supertrend and low volume typically extend declines before sustainable recoveries occur. Therefore, the immediate market impact is bearish (60% probability) for the next 24–48 hours, while a sustained trend reversal would require higher volume and a confirmed close above $1.0279, which would shift the bias back toward neutral-to-bullish longer term.