$RAY /USDT: A Powerful Rebound Sets the Stage for a Bullish Rally

RAY/USDT has displayed remarkable recovery, trading at $5.213, with an impressive daily gain of 18.24%. After touching a low of $3.971 in the past 48 hours, the price has surged to test a 24-hour high of $5.250, fueled by increasing buying interest. This recovery from the key support near $4.393 indicates strong bullish sentiment, as buyers regained control after a prolonged bearish phase. The breakout above $5.000 resistance suggests potential for a continued rally, with the next target sitting near $5.500, a critical level to watch for further upside momentum.

On the downside, traders should watch for potential retracements. The support zone near $4.845 could act as a strong re-entry point if the price faces temporary pullbacks. A failure to hold this support might push the price toward $4.376, but with current bullish volume exceeding 16.76M RAY, the momentum is favoring upward movement. RAY is one of the hottest coins in the market right now, and traders should stay alert for breakout opportunities as volatility unfolds.

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