- Raydium forms a descending pattern showing weakness but signals $1.50 as a level where buyers may step in.
- Analyst Ali Charts projects $RAY could stabilize near $1.50 before any meaningful recovery attempt takes place.
- Traders observe that a confirmed hold above $1.50 could reset momentum and open room for a rebound toward $4.50.
Raydium ($RAY) could soon find crucial support at the $1.50 level, according to recent analysis by market expert Ali Charts. The token, currently trading near $2.83, has seen a 4.55% decline over the past 24 hours.
The chart shared on October 7, 2025, shows $RAY forming a downward structure that suggests possible continuation toward lower price zones. Key support levels lie between $2.50 and $1.50, marking areas where buyers may attempt to stabilize the trend.
At press time, the daily chart indicates that Raydium’s price has been fluctuating between $2.77 and $2.99, with clear lower highs forming since mid-September. The analyst’s model projects a potential drop before recovery, aligning with broader market corrections observed across DeFi-linked tokens.
TradingView data further indicates that $RAY’s price structure resembles previous accumulation zones observed during earlier market consolidations. The chart’s dotted projection line points toward the $1.50 mark as a likely base for future rebounds.
Technical Outlook and Market Sentiment
Raydium’s chart structure displays a descending channel pattern with price compression forming below $3.00. Historically, similar formations often signal short-term weakness before bottoming out at major demand zones.
The $1.50 region appears significant as it aligns with previous support recorded during early 2024 trading sessions. Market watchers note that maintaining stability above this threshold could spark renewed bullish interest once momentum shifts.
The technical picture also indicates intermediate resistance around $3.60, while the upper range near $5.00 represents the longer-term recovery target. The gap between current and support levels suggests nearly a 47% downside margin before potential reversal.
Community discussions under the analyst’s post reflected a cautious but data-driven tone. One contributor noted that $RAY’s “deeper dip risk” could provide an attractive accumulation opportunity if volume confirms around the $1.50 floor. Another comment mentioned that $RAY’s pattern aligns with Solana-based DeFi cycles, where strong pullbacks often precede significant rebounds.
Analyst Commentary and Broader Market View
The analyst’s projection attracted widespread attention on social platform X, where the post accumulated over 14.3K views within hours. Traders responded actively, debating whether the bearish setup might precede another accumulation round or a full retest of earlier lows.
Ali Charts’ post described the price trajectory using a clean visual map, labeling major resistance zones and potential recovery paths. The annotated chart showed Raydium’s recent declines from the $5.20 high in early August, following a strong mid-year rally.
Additional commentary from crypto traders suggested that volume confirmation will be key in determining whether $1.50 holds. According to one trader, maintaining price above this region could set up a short-term bounce toward the $4.50 resistance.
Meanwhile, Raydium’s 24-hour trading range between $2.77 and $2.99 indicates ongoing uncertainty among participants. Despite the recent 4.55% decline, its proximity to a historical demand area keeps traders attentive to potential reversal signals.
Market analysts continue to watch $RAY’s structure for validation of the projected move. The identified $1.50 level remains a critical point for the next directional trend, as the token navigates shifting liquidity flows across decentralized exchanges.
