Raydium (RAY) has demonstrated a significant bullish breakout from a cup-and-handle pattern, indicating a potential for strong continuation in price.
Open Interest for RAY has surged by 17.84%, reflecting increasing market confidence and a shift towards leveraged trading among investors.
Critical liquidation zones identified between 3.20 USD and 3.50 USD may create volatility traps, which traders should monitor as RAY aims for its target of 4.20 USD.
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