Update Price $RAY /USDT - Sharp Decline Returns to $2.50 Area

$RAY has seen a sharp decline, dropping by -15.85%, and is currently trading at around $2.53, testing the main support area.

Key Market Data:

24-Hour High: $3.023

24-Hour Low: $2.513

Trading Volume: 5.90 million RAY / 16.18 million USDT

Current Trend: Downward Correction After Strong Rise

Analysis: After a sharp rise towards the $3.00 level, profit-taking began, pushing RAY down to the support area at $2.50. This level is crucial - if it holds, we could see stabilization and a potential rebound.

However, failing to maintain above the $2.50 level may open the door for further declines towards the next support level near $2.30. Monitor trading volume and price interaction at current levels to gauge the next price direction.

Key Levels:

Immediate Support: $2.50

Next Support: $2.30

Resistance: $2.90 - $3.00

Caution is advised - wait for confirmation before re-entering buy positions.

Trade here on $RAY