RAY Tests Critical $2 Support: Bounce or Breakdown? đ
Raydium ($RAY ) dropped 13% to $2.15 after losing the $2.50 level, while trading volume surged 35%, signaling aggressive risk reduction.
Heavy Spot Selling: Spot sell volume hit 3.7M vs. 2.6M in buy volume, with exchange inflows rising to +$0.5M, confirming holders are actively derisking.
Make-or-Break Level:
Hold $2.00: Opens the door for a relief rally back toward $2.50.
Lose $2.00: Risks triggering further liquidations toward sub-$1.80 lows.
Are you buying the dip at $2 or waiting for confirmation? đ
#RAY #Raydium #DeFi #Crypto
$RAY
Raydium ($RAY ) dropped 13% to $2.15 after losing the $2.50 level, while trading volume surged 35%, signaling aggressive risk reduction.
Heavy Spot Selling: Spot sell volume hit 3.7M vs. 2.6M in buy volume, with exchange inflows rising to +$0.5M, confirming holders are actively derisking.
Make-or-Break Level:
Hold $2.00: Opens the door for a relief rally back toward $2.50.
Lose $2.00: Risks triggering further liquidations toward sub-$1.80 lows.
Are you buying the dip at $2 or waiting for confirmation? đ
#RAY #Raydium #DeFi #Crypto
$RAY