$RAY has shown a promising 2.841% increase over the past 24 hours, currently testing the critical resistance at 2.876. With a 24-hour range between 2.408 and 2.876, the price is poised for either a breakout or rejection. The RSI at 52.94 indicates neither overbought nor oversold conditions, suggesting balanced sentiment among traders. The undefined market sentiment leaves room for uncertainty, but if RAY holds above support at 2.338, it may rally further. Watch for external news that could sway market dynamics, particularly regulatory developments impacting broader sentiment.

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