RAY surged over 11% to $0.69 with a 200% spike in trading volume, breaking above a multi-month descending resistance level. This signals a potential structural shift, though sustainability remains uncertain. Key resistance lies at $0.857 and $1.287, while $0.543 is critical support. The RSI rebounded from oversold levels but remains below 50, indicating transitional momentum. Spot Taker CVD has flattened, suggesting reduced aggressive buying, while exchange inflows hint at profit-taking. Open Interest rose 17.81%, introducing leverage-driven volatility. Continued upward movement depends on renewed buyer conviction above $0.857; otherwise, the breakout may falter.

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