Raydium/ RAYUSD is stuck between its 1day MA50 and 1day MA200. A Channel Up may be emerging that will take it sideways until the squeeze but the bottom pattern is a Cup on a U-shaped reversal.
This targets Fibonacci 2.0 at 2.50. A 1 day Golden Cross in the 3rd week of May can serve as the catalyst.
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All RAY long analysis since 2021 failed. Seems like yours will have the same result as well.It will go under 20 cents soon, then under 10 cents after a possible market crash