📊 $RAY /USDT Quick Technical Outlook
Raydium is showing a strong bullish breakout on the 4H chart 🚀, supported by rising volume and price action above key moving averages.
🎯 Targets:
1️⃣ $4.35 – First resistance from recent local highs.
2️⃣ $4.88 – Next key swing high zone.
3️⃣ $5.50 – Major resistance from early-year sell-off.
🛡 Support Level:
🔹 $3.68 – 7MA and breakout retest zone, crucial for maintaining bullish momentum.
📈 Summary:
If momentum continues and volume stays strong, RAY could push toward $5+ in the short to mid-term. Losing $3.68 support would weaken the current bullish structure.
