$RAY Today, **Ray (RAY)** presents a **bullish** outlook due to its strong market momentum and recent price stability. After consolidating near the **$4.961** mark, it has the potential to see further upward movement, especially given the positive market sentiment and growing adoption in its niche.

The **target price** for RAY in the short term is **$5.20**, with a **buy price** around **$4.90** for potential upside. The current price of **$4.961** suggests it's in a good accumulation zone.

Given the recent chart patterns and fundamental factors, the likelihood of a break above **$5** is strong, but a pullback near **$4.90** should be watched as a potential entry point. Strong support exists around **$4.85**, so any drop below that might signal a more cautious stance.

In conclusion, **Ray (RAY)** shows promise with solid growth prospects.