$RAY 4H SETUP | BEARISH CONTINUATION TOWARD SELL-SIDE LIQUIDITY
#RAY is rejecting from a higher timeframe order block after sweeping external liquidity, indicating potential bearish continuation.
Technical Structure:
✅ HTF Order Block rejection
✅ Liquidity sweep above previous month high
✅ Bearish structure forming after displacement
✅ Sell-side liquidity below → clear downside draw
✅ Weak continuation after rejection
Targets: $0.612 → $0.544
Invalidation: 4H close above $0.716
Bearish bias. Look for continuation after pullback toward OB, targeting sell-side liquidity below.
TA Only. DYOR.
