$RAY just got rejected after pushing up to $1.91 and now we’re seeing a decent cooldown around $1.65.
That’s roughly a 10.5% pullback, but the interesting part is RSI has already reset to 41. Momentum has cooled, while $1.61 is sitting right below as the immediate support to watch.
If $1.61 holds and buyers start stepping back in, the setup gets interesting again. But I’d want to see the hourly trend flip before calling the dip fully absorbed.
Personally, I’m watching the reaction here more than chasing the move. 👀
$RAY #Raydium #Solana
That’s roughly a 10.5% pullback, but the interesting part is RSI has already reset to 41. Momentum has cooled, while $1.61 is sitting right below as the immediate support to watch.
If $1.61 holds and buyers start stepping back in, the setup gets interesting again. But I’d want to see the hourly trend flip before calling the dip fully absorbed.
Personally, I’m watching the reaction here more than chasing the move. 👀
$RAY #Raydium #Solana
