$RAY (Raydium) Dips ~1% — Is It Setting Up for a Rebound?

** Real-Time Snapshot:**

Price: ~$3.23 (down ~1% in 24h)

24H Volume: ~$69M USD, solid liquidity backing the move

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Binance

Market Cap: ~$864M USD, with FDV around $1.79B—plenty of upside room

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Binance

Circulating Supply: ~268 M RAY, out of ~555 M max supply (~48% unlocked)

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Binance

ATH: ~$16.93 — RAY is currently ~80% below that high, signaling long-term recovery potential

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Coinbase

** Why This Dip Could Be Strategic:**

Despite minor retracement, volume remains strong—this suggests active trading interest, not a major sell-off.

Raydium continues to dominate as a Solana DeFi AMM with unique advantages like Serum order book access and DeFi utility (staking, IDOs, governance).

Price consolidating around current levels may form a base for a rebound if bullish sentiment returns.

** Prediction & Insight:**

A hold around ~$3.20–3.25 could lead to a bounce toward $3.50–$3.80, assuming continued interest in Solana DeFi and broader market stability. A move past $4 could ignite further momentum toward deeper resistance levels.

** Engagement Trigger:**

Will RAY reclaim $3.50 this week, or is this the calm before another dip?

Drop your calls below—tag a friend watching Solana DeFi, and let’s see who calls it right!

** #Ray #solana #defi #Crypto #BuyTheDip #cryptotrading **