$RAYSOL is trying to stabilize near $1.62, but buyers still have an important resistance battle ahead.
The token is down around 2% over 24 hours, with trading volume near $25M. Price has moved between $1.51 and $1.78, showing that volatility remains high.
The $1.54–$1.51 zone is the key support area, while $1.70 is the first resistance to reclaim. A strong breakout above $1.70 could bring $1.78 back into focus. However, losing $1.51 would increase downside risk.
Raydium plays an important role in Solana’s DeFi ecosystem, but strong fundamentals alone cannot guarantee a price recovery.
I’m watching volume and the $1.70 reaction closely.
What’s your strategy: wait for a confirmed breakout, or look for a bounce near support?
The token is down around 2% over 24 hours, with trading volume near $25M. Price has moved between $1.51 and $1.78, showing that volatility remains high.
The $1.54–$1.51 zone is the key support area, while $1.70 is the first resistance to reclaim. A strong breakout above $1.70 could bring $1.78 back into focus. However, losing $1.51 would increase downside risk.
Raydium plays an important role in Solana’s DeFi ecosystem, but strong fundamentals alone cannot guarantee a price recovery.
I’m watching volume and the $1.70 reaction closely.
What’s your strategy: wait for a confirmed breakout, or look for a bounce near support?