$RAY **RAY (Raydium) Bullish Analysis - November 25, 2024**

Today, Raydium (RAY) shows signs of bullish momentum, driven by a surge in decentralized exchange activity and increased trading volumes. The market sentiment around Solana-based projects, which Raydium supports, is growing as Solana’s ecosystem recovers. Additionally, the technical indicators suggest that RAY is poised for further upside with solid support around the $6.00 level. The recent push above $6.00 is backed by increased buyer interest, signaling potential further gains.

**Target Price**: $6.50

**Buy Price**: Around $6.00

**Current Price**: $6.17

Given the current market trend, RAY could maintain its bullish trajectory, especially if it holds above the $6.00 support. Investors should monitor this key level and aim for a target price of $6.50, as the momentum builds in the short term. Always consider risk management and market conditions before entering.