According to the Binance Spot interface, the latest trading price of RAY in USDC is approximately $2.038, showing a modest –0.68% change over the past 24 hours. The daily high is around $2.080, while the low hovers near $2.003
2. Support & Resistance Levels (Technical Outlook)
Recent analysis from Binance Square indicates that RAY experienced a strong bounce from its EMA (99) support around $2.007, forming a higher-low pattern. Technical traders are watching the $2.04 resistance—if broken, a bullish continuation may unfold. Suggested entry lies between $2.03–$2.04, with a stop-loss near $2.005 and take-profit target at $2.09
3. Trending Trading Setup & Signal
A trading alert on Binance Square highlights a bullish setup following a deep retest of support at $2.03. The suggested entry range is $2.14–$2.16, with take-profit around $2.24 and a stop-loss at $2.09—if $RAY stays above the $2.09 level, momentum favors a breakout
4. Short-Term Trade Strategy (4-Hour Timeframe)
A 4-hour timeframe signal recommends focusing on the $2.161 current price, with:
Support Zone: $2.10–$2.035
Resistance Zone: $2.210–$2.299
Suggested Entry: $2.140–$2.165
Stop-Loss: Below $2.035
Take Profit Targets: $2.210, $2.245, $2.299
𝐂𝐥𝐨𝐬𝐢𝐧𝐠 Thoughts
RAY/USDC currently trades just above key support, with both short- and mid-term trading setups signaling potential upside—provided crucial levels like $2.04–$2.09 hold. Traders are advised to monitor these ranges closely and use clearly defined stop-losses.
