Raydium ($RAY ) took a sharp hit today. The price moved down fast and landed near a key support area that many traders watch. The drop brought some fear, but the zone under it is still holding for now. When price comes down this far, buyers sometimes step in because the risk becomes lower. That is why people are waiting to see if the next move will be a small bounce or a slow recovery.
Bitcoin and Ethereum stayed steady, but altcoins showed mixed reactions. The same goes for $NMR , $DYM , and $TNSR, which moved with the wider market. Some traders used the dip to enter small positions, while others preferred to wait for clear signs of strength.
Right now the market feels slow but not fully weak. RAY is still sitting on a strong support area, and many traders are watching closely to see if the next move turns green.
