RAY/USDT Analysis: $RAY is experiencing solid gains, with its price at $3.38, up by 13.33% in the last 24 hours. The 24h high reached $3.400, and substantial trading volume points to strong interest in the DeFi space, making RAY a notable gainer.

$RAY

Indicators show an upward trend: the MA(7) sits at 3.296, above both the MA(25) at 3.121 and the MA(99) at 2.895, suggesting a bullish trend with positive momentum as RAY trades near recent highs.

Trade Signals:

Long Trade: Consider entry if RAY breaks above $3.400, with support at $3.38.

Short Trade: Potential for short if price drops below $2.888, watching $3.296 as a resistance level.

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