๐จ $RAY โ THE PUMP HAS ALREADY HAPPENED. NOW WATCH $1.30. ๐
$RAY is trading around $1.1801 after a powerful move higher.
The fresh catalyst is clear: StonkFunโs integration with Raydium LaunchLab has pushed trading activity sharply higher, with Raydium seeing a major volume surge.
But this is exactly where I donโt want to chase.
I want to see whether buyers can take the next level and hold it.
$1.0800 โโโโโ Support
$1.1801 โโโ Current
$1.3000 โโโโโ Resistance
$1.4000 โโโโโ Breakout
$1.5500 โโโโโ Target 1
$1.7500 โโโโโ Target 2
๐ข Bullish setup:
Hold $1.08 โ reclaim $1.30 โ break & hold $1.40 โ $1.55โ$1.75
๐ด Bearish setup:
Reject $1.30โ$1.40 โ lose $1.08 โ pullback risk increases
๐ฏ Key level: $1.40
RAY has already made the first move.
Now the question is simple:
Can buyers turn $1.40 into support?
A clean break above $1.40 with volume + a successful retest would be the confirmation Iโd watch for the next leg.
No confirmation? Iโd rather wait than chase.
$RAY โ $1.40 breakout next, or does this rally need a reset first? ๐
#RAY #Raydium #Solana #DeFi #BinanceSquare
$RAY is trading around $1.1801 after a powerful move higher.
The fresh catalyst is clear: StonkFunโs integration with Raydium LaunchLab has pushed trading activity sharply higher, with Raydium seeing a major volume surge.
But this is exactly where I donโt want to chase.
I want to see whether buyers can take the next level and hold it.
$1.0800 โโโโโ Support
$1.1801 โโโ Current
$1.3000 โโโโโ Resistance
$1.4000 โโโโโ Breakout
$1.5500 โโโโโ Target 1
$1.7500 โโโโโ Target 2
๐ข Bullish setup:
Hold $1.08 โ reclaim $1.30 โ break & hold $1.40 โ $1.55โ$1.75
๐ด Bearish setup:
Reject $1.30โ$1.40 โ lose $1.08 โ pullback risk increases
๐ฏ Key level: $1.40
RAY has already made the first move.
Now the question is simple:
Can buyers turn $1.40 into support?
A clean break above $1.40 with volume + a successful retest would be the confirmation Iโd watch for the next leg.
No confirmation? Iโd rather wait than chase.
$RAY โ $1.40 breakout next, or does this rally need a reset first? ๐
#RAY #Raydium #Solana #DeFi #BinanceSquare