RAY drops to $2.04 as volume runs 31.8% below average, MACD turns bearish
- —RAY at $2.04 within a $2.02–$2.17 session range after opening at $2.46
- —Volume of $57 million is 31.76% below the 30-day average of $83.6 million
- —MACD is bearish and RSI at 52.2 shows no capitulation signal
- —Up 43.22% over 30 days and 196.42% over 90 days, but 87.91% below its $16.91 all-time high
Why it matters: A shallow drop on thin volume with no clear catalyst argues for waiting for volume confirmation and a reclaim of short-term averages rather than selling on the headline.
Source: DiarioBitcoin