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$RAY is showing a classic “bullish reversal” after a prolonged consolidation phase. We’re seeing a strong surge in activity: daily trading volume has jumped to $160 million, which is 35% above the weekly average.
The main driver is Raydium’s dominance in the memecoin sector on Solana. As the ecosystem’s TVL continues to grow, RAY is emerging as a key beneficiary of fee revenue. The asset is currently testing the $0.85 resistance zone. If the momentum holds, the probability of a 50% move toward the $1.20 level within the next 48 hours is very high.
#WHBTCReserveBigReveal
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