$RAY /USDT is exhibiting strong bullish momentum, currently trading at $5.276, reflecting a 5.80% gain within the last 24 hours. The price recently bounced off the support near $5.117 and is climbing towards the daily high of $5.381. With significant volume activity (3.47M RAY), this upward movement signals potential strength. If RAY breaks above $5.312 resistance, it could quickly target $5.40 and higher levels, offering traders an excellent opportunity for profit. However, traders should set a stop-loss just below $5.117 to manage downside risks effectively. Keep a close watch on volume and momentum to catch the next breakout.
Disclaimer:
The information provided in this article is for educational and informational purposes only and should not be construed as financial, legal, or investment advice. Cryptocurrency investments carry significant risks, including market volatility and potential loss of capital. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions. The author and publisher are not responsible for any losses or damages resulting from the use of this information.
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