$RAY

/USDT Technical Analysis Update

RAY/USDT is showing strong momentum, currently trading at $4.83 with a notable 36.61% increase. Here’s a closer look at the price action and potential targets for traders:

🎯 Target 1: $5.00

This level marks a psychological resistance point. Breaking above could attract more buyers, pushing RAY toward new highs.

🎯 Target 2: $5.20

If RAY sustains above $5.00, the next resistance lies around $5.20, where we could see a moderate consolidation phase.

🎯 Target 3: $5.50

A breakthrough to $5.50 would signify strong bullish momentum, setting RAY up for an extended upward trend in the short term.

Stay tuned to market conditions, as RAY’s DeFi performance and volume trends remain robust. Keep these targets in view, and consider setting stop-losses for a balanced strategy.