Raydium's RAY Jumps 6.57% From Open to $2.33 but Stays Below Prior Close
- —RAY at $2.33: up 6.57% from the open but down 3.32% from the $2.41 close
- —Volume of $111.45 million is 8.45% above the 30-day average
- —RSI at 71.8 and 140.5% annualized volatility raise pullback risk
- —Resistance sits at $2.54, with the 7-day SMA at $2.11
Why it matters: The intraday bounce is not a confirmed reversal: RAY needs to close above $2.41 to sustain gains, otherwise a pullback is likely.
Source: DiarioBitcoin