Raydium slides 27%, breakout delayed: These levels will set Ray’s next move

Over the last nine days, Raydium has dropped to the $2-$2.1 demand zone. The inability to overcome the $2.85 resistance reflects bearish momentum influenced by Bitcoin.

Traders should prepare for potential volatility around the $2-$2.1 levels, given the recent price action. Technical indicators suggest that if the support at $2.15 does not hold, further declines may occur.

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