Raydium (RAY) falls 1.60% to $1.83 on volume nearly half the 30-day average
- —RAY trades below its SMA-7, SMA-15 and SMA-30 at $1.88, $1.99 and $2.03
- —Daily volume of $34.73 million is 49.03% below the 30-day average of $68.15 million
- —Intraday low was $1.73, with resistance in the $1.86–1.88 zone
- —RAY is up 186.4% over 90 days but down 20.23% over 14 days
Why it matters: Doubts over the reliability of Raydium's volume data undermine trust in DEX liquidity metrics, which matter for gauging real protocol activity.
Source: DiarioBitcoin