$RAY
/USDT: bullish momentum – a breakout is inevitable ..
$RAY demonstrates a promising upward trend, currently trading at $8.259 with a growth of 1.66% over the last 24 hours. The price has risen from a low of $7.424 to a high of $8.370, reflecting strong buying pressure and renewed interest in DeFi tokens. With a trading volume of 7.38M RAY, the momentum is steadily increasing, signaling the possibility of a significant breakout above the key resistance level at $8.37.
Immediate support is at $8.00, which has provided a solid foundation during recent consolidations. A successful breakout above $8.37 could push the price to $8.50 and $8.75 in the short term, with bullish sentiment likely to strengthen even further. Traders should watch for confirmation of the breakout while effectively managing risk at support levels. RAY is gearing up for an exciting move – don’t miss the action.