After establishing a stable support level at $2.65, $RAY is showing strong potential with the next target set at $7.84. As one of the important tokens in the Solana ecosystem, the performance of $RAY is greatly influenced by the overall trend of $BTC during the bullish market phase.
Traders need to pay attention to monitoring trading volume and key technical indicators such as RSI, as these are important signals that help determine the next direction of RAY. In the past, $RAY has achieved incredible growth, recording profits of up to 14 times in a previous growth cycle, highlighting its appeal in the investor community.