Raydium $RAY is showing explosive momentum, trading near $1.3919 after a +61.85% 24h surge. The move is supported by strong volume and renewed activity across the Solana DeFi ecosystem. Recent reports also point to rising tokenized-stock activity and stronger Raydium trading demand.
📊 Technical View:
On the 15M chart, $RAY remains bullish. Price is above MA(7) $1.3696, MA(25) $1.3219 and MA(99) $1.0808. RSI(6) is 61.9, showing strong momentum without extreme overbought conditions. However, after such a sharp rally, a pullback is possible.
🔴 Resistance: $1.4428–$1.45
🟢 Support: $1.36–$1.32
🔻 Major Support: $1.28
🟢 SPOT SIGNAL: BUY ON PULLBACK
📍 Entry: $1.34–$1.37
🎯 TP1: $1.44
🎯 TP2: $1.52+
🛑 SL: $1.28
#RussiaUkraine72-hourCeasefire #CNPYAirdropOnBinanceAlpha
📊 Technical View:
On the 15M chart, $RAY remains bullish. Price is above MA(7) $1.3696, MA(25) $1.3219 and MA(99) $1.0808. RSI(6) is 61.9, showing strong momentum without extreme overbought conditions. However, after such a sharp rally, a pullback is possible.
🔴 Resistance: $1.4428–$1.45
🟢 Support: $1.36–$1.32
🔻 Major Support: $1.28
🟢 SPOT SIGNAL: BUY ON PULLBACK
📍 Entry: $1.34–$1.37
🎯 TP1: $1.44
🎯 TP2: $1.52+
🛑 SL: $1.28
#RussiaUkraine72-hourCeasefire #CNPYAirdropOnBinanceAlpha
