Raydium's RAY drops 3.5% as volume halves after 126% monthly rally
- —RAY trades at $1.86, down 3.5% in 24 hours and 8.9% on the week
- —Daily volume of $51.2 million is 49.99% below the 30-day average
- —MACD flipped bearish with histogram at -0.0262; RSI at 59.9 shows no overbought conditions
- —Market cap stands at $502.8 million, 89% below the all-time high of $16.91
Why it matters: Falling volume points to profit-taking rather than a trend reversal, with the $1.53 support level key to keeping the uptrend intact.
Source: DiarioBitcoin