The price of $RAY has risen over the past 24 hours. Bollinger provides additional insights based on the daily candle. The current price is 1.9079 $USDT, representing a significant 8.37% increase over the last 24 hours. According to Bollinger, the daily candle has closed within the band; a breakout that is confirmed by the closing price is required for a clearer signal. The bearish bias shows alignment between the 4-hour and daily timeframes; however, the EMA on the D1 chart does not yet align with this trend. There is currently no nearby support or resistance level to validate the scenario with a specific price point. Further assessment will require additional data from the closing candle.