🔥💯🚀Raydium ($RAY ) is currently trading at $2.87, with a recent high of $4.25 and a low of $2.83, showing high volatility.
Traders should watch the key resistance at $3.50—if RAY breaks above this level with strong volume, it could trigger a bullish run toward $3.80, $4.10, and potentially $4.50, with a stop-loss set below $3.20 to manage risk.
On the downside, a break below the $2.80 support level may confirm continued bearish momentum, targeting $2.50, $2.20, and $1.90, with a stop-loss above $3.10 for protection.
The 1-hour timeframe suggests a descending channel, meaning traders should wait for a decisive breakout before entering trades. A strategic approach based on these levels and volume confirmation can maximize profit potential while managing risks effectively.
