Rebound in Action: $RAY Eyes Key Resistance
$RAY is making a steady recovery, currently trading at $4.722, despite a -1.89% decline over 24 hours. The price has rebounded sharply from its low of $4.315 and is now approaching a critical resistance at $4.908. A breakout above this level could ignite further bullish momentum, driving the price to higher targets. Conversely, failure to sustain above $4.722 may result in a pullback toward $4.496, offering potential buying opportunities. Traders should keep a close watch on volume and price action to capitalize on the next move, ensuring disciplined risk management.
