#raydium Token Shows Resilience Despite Market Pressure
Despite a 7.27% dip in the last 24 hours, $Raydium ($RAY ) is showing strong signs of stability at a crucial support zone!
Current Price: $2.131
24H Low: Holding steady
24H High: Tested $2.320
Volume: 7.16M $RAY
(~$15.99M USDT)
Status: Still hot with high trading interest!
Chart Watch:
The 5-minute candlestick chart is hinting at consolidation — often seen as a bottoming pattern before a potential bounce back. Could this be the calm before the storm?
What It Means:
Raydium, one of Solana’s top DeFi protocols, is holding its ground despite market pressure — a sign of underlying strength and investor confidence.
If the DeFi sector gains momentum, RAY might be ready to ride the wave back up!
Keep an eye on it — support like this can be a launchpad for the next leg up!