#RAY
Raydium (RAY) is currently trading in a clearly defined zone between support and resistance:
• Resistance: A strong zone at 3.45–4.10 USD has capped prices multiple times since May 2025. Only a sustainable breakout above 4.10 USD opens up potential to 6.71, possibly even 8 USD with strong momentum. Long-term, 25-26 USD is a stretch target from the last bull market.
• Support: Currently, 2.82 USD and 1.94 USD serve as important levels of support. The EMAs (50/200 days: 2.7954/2.8666 USD) provide additional support.
• Technical Factors: RSI 64, no overheating. Buyback program and rising volumes provide additional short-term push.
• Short Conclusion: New momentum arises only above 4.10 USD; below that, RAY trades in a range between 2.82 and 4.10 USD. Support and resistance zones should be monitored for short-term setups