$RAY is showing strong short-term momentum. On September 9, RAY traded around $1.31, after reaching an intraday high near $1.47. The token has rebounded sharply from below $0.90 earlier in the month.

Resistance: $1.47, then $1.60

Support: $1.20–$1.15, then $1.05

Momentum: 🟢 Bullish but highly volatile

Catalysts: Raydium's LaunchLab upgrades and StonkFun integration have increased ecosystem activity; TAO trading-pair expansion is another recent development.

Risk: The rapid rally makes RAY vulnerable to profit-taking and sharp pullbacks.

Outlook: Holding above $1.20–$1.15 would keep the short-term bullish structure intact. A sustained break above $1.47 could open the way toward $1.60+, while losing $1.15 would weaken the setup.
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