Raydium $RAY spot check: trading around $1.59, down ~4.8% in the last 24h as the whole market bleeds.
Solana's biggest DEX token is holding above $1.51 support for now — lose that and $1.40 is next. Reclaim $1.69 and the short-term picture flips back to neutral. Price is still well below its 50-day average near $1.90, so the trend stays weak until that changes.
Context: $BTC is flat around $71,500 after breaking below $72K, with October PPI due at 8:30 AM ET today. Until BTC finds a floor, alts like RAY will keep following it down.
Spot only, no chasing the dip blind. Not financial advice. DYOR.
#Raydium #Solana #Crypto
Solana's biggest DEX token is holding above $1.51 support for now — lose that and $1.40 is next. Reclaim $1.69 and the short-term picture flips back to neutral. Price is still well below its 50-day average near $1.90, so the trend stays weak until that changes.
Context: $BTC is flat around $71,500 after breaking below $72K, with October PPI due at 8:30 AM ET today. Until BTC finds a floor, alts like RAY will keep following it down.
Spot only, no chasing the dip blind. Not financial advice. DYOR.
#Raydium #Solana #Crypto