$RAY is currently trading at 2.383 USDT, showing a bullish market structure.
With a resistance level at 2.44 USDT, traders might consider a breakout strategy above this point.
The support at 2.178 USDT provides a solid cushion for potential pullback entries.
However, the high RSI at 67 signals overbought conditions, warranting caution.
Influences from Bitcoin's price action and broader macroeconomic events remain significant risk factors.
