RAY surges nearly 30% to $1.65 amid short squeeze
- —RAY rose 29.99% to $1.65, volume 22.23% above the 30-day average
- —Up 169.89% over 30 days and 98.19% over 14 days
- —RSI (14) at 69.4 — near overbought territory
- —Key resistance at $1.72, support at $1.46 (VWAP)
Why it matters: Part of the gain was driven by a mechanical short squeeze, raising the risk of a sharp pullback if $1.72 is breached.
Source: DiarioBitcoin