🚨 $RAY / USDT – Is it heading towards a bullish reversal? Solana continues to flex its muscles
$RAY, the token of Raydium (the leading DEX on Solana), is showing interesting signals amidst the SOL ecosystem rally. Are we witnessing a trend change or another market trap?
📊 Market Summary
• 📍 Current Price: $1.64
• 🔼 24h High: $1.71
• 🔽 24h Low: $1.56
• 📉 Key Support: $1.51
• 📈 Immediate Resistance: $1.73
• 🧭 Current Trend: Mild recovery, but still under critical resistance
📈 Bullish Scenario
If $RAY manages to break solidly through the $1.73 zone, it could accelerate towards $1.89, and subsequently target $2.00, a psychological barrier that many traders are watching.
📉 Bearish Scenario
A pullback below $1.51 would open the door to a drop towards $1.38, where there is previous support and pending accumulation.
🧠 PRO Tip
Raydium directly benefits from the growing volume in Solana. If SOL remains strong, $RAY could have solid rebounds. Ideal for traders who follow specific ecosystems.
📌 Do you trust in the return of $RAY or do you prefer to watch from the sidelines while Solana warms up?
📣 Share your view in the comments or upload your chart with your strategy! 📣
