🔥 RAYUSDT | Short-Term Market Update 📊

Raydium ($RAY ) has recovered strongly after a sharp sell-off and is now moving into a short-term consolidation near resistance. Price is pausing, which usually decides the next impulsive move 👀

RAY

0.966

-0.61%

RAYSOLUSDT

Perp

0.9661

-0.19%

📌 Bullish Scenario (Buy Setup)

✅ Entry Zone:
0.995 – 1.005
(Break & hold above recent consolidation high)

🛑 Stop Loss (SL):
❌ 0.965
(Below recent higher-low support)

🎯 Take Profit Targets (TP):
🥇 TP1: 1.030
🥈 TP2: 1.060
🥉 TP3: 1.100

➡️ A clean breakout above 1.00 can trigger fast upside momentum 🚀

📉 Bearish Scenario (Sell Setup)

If price fails to break resistance and gives a strong close below 0.965:

📌 Sell Targets:
👉 0.940 – 0.915 support zone

Downside continuation possible if selling pressure increases.

🧠 Market Insight

• Short-term trend: Neutral → Slightly Bullish
• Price structure: Higher low formed
• Volume expansion = breakout confirmation
• Rejection near 1.00 = short-term pullback risk