Markets· ★★· bearish·

Raydium (RAY) drops 8.43% to $1.91 after 149% rally in 30 days

  • —RAY fell 8.43% to $1.91 after a 149.11% rally over 30 days
  • —Daily volume was 22.49% below the 30-day average
  • —RSI at 62.9 shows momentum cooling but not oversold
  • —Price remains above its 200-day SMA of $0.79
Why it matters: The pullback shows Solana DeFi tokens hitting profit-taking as sector sentiment weakens after the Bitget hack.
Source: DiarioBitcoin