Technical analysis by Helios_Capital_Investment about Symbol RAY on 12/27/2023

RAYDIUM Levels of interest- Support Zone : $.8551 - $1.3042Support Level 2: 1.587Target 1: $2.3809Resistance Level 1: $2.6231Target 2: $3.0505Target 3: $4.8028Resistance Zone: $8.3845 - $8.9024LONG TERM TARGETS: Target 1: $12.0143Target 2: $13.9519Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:Staking to earn protocol feesStaking to receive IDO allocationsGovernance votes on protocol decisionsRaydium launched its main net on February 21st, 2021 with 555,000,000 tokens created at genesis. 34% of all tokens will be released as liquidity mining incentives over a 3-year period. 30% of tokens are earmarked for partnerships and the expansion of the Raydium ecosystem. This includes giving grants to projects building projects around Raydium or helping our communities in general. These tokens are generally locked for 1 year and unlock linearly for the next 2 years.Who are the founders of Raydium Pro