Raydium
Long

RAY 30/10

137
Trapped/weakened, very similar to SRM/AUDIO:
- Descending trendline and strong support, would look for breakout in next couple days if 21ema holds;
- Otherwise buy again in support zone.
- DeFi Land IDO'ing on RAY soon too, we saw increased activity pre-Star Atlas IDO. Don't expect the same response, but it's still big.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.