Technical analysis by Dexter_The_Trader about Symbol RAY: Buy recommendation (6/19/2025)

Hello Traders,Today, let’s analyze RAYDIUM (RAY) on the weekly timeframe.RAY has been one of the more consistent projects in the market. The price is currently sitting at the support trendline and just below the 21 EMA resistance. At this point, it’s clear that for a bullish move, the price must hold the support trendline and rebound above the 21 EMA. On the other hand, a bearish move would require a breakdown below the support trendline.The lower support at $0.90 is another level to watch if we see further downside on RAY.That’s the update on RAY. Let’s see how it plays out. As always, do your own research and analysis before making any final decisions.Regards,Dexter