$RAY At Resistance, Momentum Building for Next Move
Raydium is trading at 3.877, holding onto strong daily gains but currently testing a key resistance zone. Market sentiment is leaning bullish, but a decisive breakout or rejection will dictate the short-term trend.
Key Levels to Watch
• Resistance: 3.900 – A breakout above this level could drive price toward 3.950 and 4.000.
• Support: 3.850 – Losing this level could see price drop toward 3.800 and 3.760.
Trade Setup – Watch for Confirmation
• Bullish Entry: A confirmed move above 3.900 could target:
• TP1: 3.950
• TP2: 4.000
• Bearish Entry: A break below 3.850 could target:
• TP1: 3.800
• TP2: 3.760
With price tightly ranging, expect a volatility spike soon—volume confirmation will be key.