$RAY (Raydium) Price Analysis: Upward Momentum Continues

🔹 Current Price: $3.28

🔹 1-Hour Change: +0.61%

Technical Analysis:

Raydium (RAY) is on an upward trend, with a +0.61% increase, reaching a current price of $3.28. After hitting a low of $3.23, RAY has rebounded strongly and climbed to a high of $3.29 before a minor pullback. The recent price movement suggests strong buying interest, and the steady climb indicates a bullish sentiment.

If RAY can maintain support around $3.23, it could build momentum to retest the $3.29 resistance level. A breakout above this level could drive further gains in the short term.

Key Levels to Watch:

• Support: $3.23 - Holding above this level is crucial for sustaining the current uptrend.

• Resistance: $3.29 - A breakout above this resistance could pave the way for additional bullish movement.

Conclusion: Raydium is exhibiting positive momentum, with potential for continued growth if it breaks above $3.29. Traders should monitor these levels, as holding support at $3.23 is essential to avoid a reversal, while surpassing $3.29 could attract more buyers.#USElections2024Countdown #NovemberMarketAnalysis #TetherAEDLaunch #USEquitiesRebound