(Rayls) Market Update – Short & Thrilling
is tradi$RLS ng at $0.01475, showing a -8.79% pullback after a sharp sell-off. Price recently formed a local low near $0.01387 and is now attempting a short-term recovery, indicating early stabilization.
Market Cap stands at $22.1M, with 3,923 on-chain holders, reflecting a growing but still selective investor base. On-chain liquidity is around $495K, while FDV is $147.3M, highlighting a gap that traders are closely watching.
On the 15-minute chart, price is slowly climbing after the dump, printing higher lows. SAR dots are below price, suggesting potential short-term bullish momentum. Volume has cooled significantly after the sell-off, signaling reduced panic selling and possible consolidation.
Key Levels: Support: $0.0138 – $0.0142
Resistance: $0.0151 – $0.0159
Outlook: If RLS holds above support, a push toward resistance is possibl#e. Failure to hold may invite another retest of recent lows. Volatility remains high, makin$RLS g this a critical zone for traders.
