$RAY **Ray (RAY) Analysis – October 24, 2024**
RAY is showing bearish signs today, as it has struggled to maintain its momentum. Currently priced at $3.058, the token is facing resistance around $3.20, with downward pressure emerging from declining trading volumes. A break below $3.00 could see RAY testing support around $2.85.
With limited bullish signals on the horizon and no significant catalysts in the short term, RAY may experience further correction unless buyer interest picks up.
**Target Price:** $2.85
**Sell Price:** $3.05
For traders, selling near the current price of $3.05 could be a prudent decision, as a bearish outlook dominates short-term trends.
