$RAY **Ray (RAY) Analysis - November 2, 2024**
**Current Price:** $3.396
**Outlook:** Neutral to Bullish
**Buy Price:** $3.30
**Target Price:** $4.20
Today, Raydium (RAY) shows potential for a modest rebound after recent consolidation, driven by increasing trading volume and positive sentiment within the DeFi ecosystem. Investors interested in the project might consider entering near $3.30, where RAY has shown strong support. The immediate resistance is around $3.80, with a bullish breakout potentially taking it to $4.20 if market momentum strengthens. However, a cautious approach is wise, as overall market volatility remains high.
