As mentioned yesterday, the correlation between SOL's movements and other Solana-based coins is evident, with corrections in SOL potentially influencing its counterparts. However, my analysis suggests that SOL's recent dip may just be a temporary correction before reaching new all-time highs, particularly if it remains above $159.

Now, turning to RAY, a personal favorite of mine, it's currently showing signs of consolidation as it approaches the middle line on the 4-hour timeframe, accompanied by a red MACD. This could signal a short-term dip, possibly to $2, before potential bullish continuation, as indicated on the daily timeframe.

Corrections like these are healthy for price action, allowing coins to gather momentum for their next upward surge. For those seeking immediate profits, short-term strategies may be advisable. Looking ahead, I anticipate RAY reaching $4-$4.5 by month's end. Stay tuned for more updates on #RAY and #Solana! 🚀 #HotTrends #RAY/USDT