21% gains for Raydium’s (RAY) price, but is a dump incoming now?

Raydium (RAY) achieved a 21% price surge in line with Solana’s performance. Currently priced at 3.60 USD, trading volume spiked by 90%, indicating increased trader interest.

RAY faces a resistance at 3.65 USD, linked historically to selling pressure. The movement of 2.58 million USD worth of RAY to exchanges raises caution about a possible sell-off.

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