$RAY /USDT is currently trading at $2.37 (+8.72%), following a powerful bounce from the 24h low of $2.171 and now approaching the key resistance at $2.44 (24h high). The pair is showing signs of bullish continuation, supported by steady volume and higher lows.

🔍 Market Snapshot:

Current Price: $2.37

24h High / Low: $2.44 / $2.171

24h Volume:

RAY: 5.54M

USDT: 12.77M

Intraday Change: -0.67% (healthy minor pullback after strong rally)

📊 Technical Overview:

Resistance Levels:

Immediate: $2.40

Major: $2.44 (breakout level)

Next Target: $2.50–$2.60 range if $2.44 is breached

Support Levels:

$2.30 – short-term support

$2.17 – bounce base, must hold for bullish structure

Structure: The chart forms a bullish ascending channel with rising support levels.

Volume Trend: Volume increasing with price movement = strong buyer presence.

Price Action: Small retracements followed by higher highs indicate strength.

🟢 Bullish Scenario:

A confirmed break above $2.44 with volume could open the door to $2.50–2.60 short-term.

As long as $2.30 holds, bulls maintain control of the trend.

🔻 Bearish Invalidations:

A break below $2.17 would shift bias to neutral and risk deeper retracement toward $2.10 or lower.

✅ Conclusion:

$RAY/USDT is in a bullish setup, with momentum building toward a potential breakout above $2.44. A successful breakout could lead to quick gains. Watch for price action and volume near resistance.

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