$RAY /USDT PRICE UPDATE – SHARP DROP BACK TO $2.50 ZONE
$RAY has seen a heavy pullback, dropping -15.85% and currently trading around $2.53, testing the key support area.
Key Market Data:
24h High: $3.023
24h Low: $2.513
Volume: 5.90M RAY / 16.18M USDT
Current Trend: Bearish correction after a strong run
Analysis: After a sharp rally toward the $3.00 mark, profit-taking kicked in, dragging RAY back to the $2.50 support zone. This level is critical—if it holds, we might see consolidation and a potential bounce.
However, failure to hold above $2.50 could open room for further downside toward the next support near $2.30. Keep an eye on volume and price reaction at current levels to gauge the next move.
Key Levels:
Immediate Support: $2.50
Next Support: $2.30
Resistance: $2.90 – $3.00
Caution is advised—wait for confirmation before re-entering long trades.
Trade here on $RAY