$RAY RAY/USDT - Market Analysis

📉 Current Price: $5.571 (-2.71%)

🔻 24H Low: $5.492

🔝 24H High: $5.834

📊 24H Volume: 2.15M RAY

The market has seen a pullback after testing resistance at $5.884. The moving averages (MA7, MA25, MA99) signal short-term bearish sentiment with price dipping below key support.

Key Levels to Monitor:

Immediate Resistance: $5.680

Critical Support: $5.492

Outlook: The price is near the 99-period moving average, a potential bounce zone. A break above $5.680 may reignite bullish momentum, while losing $5.492 could lead to further downside.

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