$RAY /USDT: Momentum Builds in the DeFi Space
Current Price: $5.587 (+7.28%)
RAY is riding a bullish wave, showcasing strength in the DeFi sector. With a 24-hour high of $5.644 and a low of $5.162, the token is pushing towards new resistance levels.
Key Levels to Watch:
🔹 Resistance: $5.644 – A breakout here could signal a further rally.
🔹 Support: $5.162 – Holding above this level ensures bullish momentum.
Market Dynamics:
The trading volume of 4.97M RAY against 26.87M USDT reflects growing interest. The current trend suggests sustained buying pressure, with a potential for further upside if resistance is breached.
Strategy for Traders:
📈 Look for long entries above $5.644 with a target at $5.80.
📉 Set stop-loss below $5.162 to mitigate downside risks.
RAY’s recent performance signals strong interest in the DeFi space—don't miss the momentum!