Is
$RAY forming a floor after a wild 7-day drop?
When learning technical setups, range extremes tell the real story. 📉
Over the past week,
$RAY experienced a 45.4% spread, sliding from a high of $2.53 down to $1.74. Right now, price sits at $1.85, registering a 7-day loss of -17.29% despite $74.4M in 24-hour volume. 🔍
While
$SOL managed a 1.7% gain today, Raydium moved just 0.32% within its daily band of $1.74 to $1.90. 🎯
A confirmed push above $1.90 could signal short-term relief, while losing the $1.74 weekly low opens downside risk. ⚖️
Tap
$RAY to compare its move with the rest of the market today.
Are you watching this level for a bounce or a breakdown?
Just my read, not financial advice. DYOR.
#RAY #Solana #CryptoTrading