$RAY Recovery in Focus: Testing Key Resistance
$RAY is on a recovery path, currently priced at $4.728, despite a 24-hour decline of -1.89%. After bouncing back strongly from a low of $4.315, the token is now nearing a significant resistance at $4.908. A successful breakout above this level could trigger bullish momentum, paving the way for higher price targets. However, if $RAY fails to hold above $4.722, it may see a retracement toward $4.496, potentially creating new buying opportunities. Traders should monitor volume and price trends closely to seize the next move while maintaining strict risk management.
