Technical analysis by VaulTradeous about Symbol RAY: Buy recommendation (11/17/2024)

Looking at another daily/weekly breakout setup currently underway. Raydium on Solana constantly receives funds from profits made off of meme coin trading. Meaning, it's virtually guaranteed the more money will be flowing through this coin. Trading volume will be exploding, and so will be the price! We've already got a decent 30% pullback after the last run. Now I wouldnt be surprised if we saw another pullback, however, the bulls are strong right now so Im leaning towards a breakout sooner than a pullback. Looking at 10$+ on this next run. 100% breakouts are are normal across the crypto ecosystem now. Heck, even bitcoin's breakouts are 100%+.