Raydium/Tether (RAYUSDT) Market Overview

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Tuesday, Nov 11, 2025 5:46 pm ET1min read
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- RAYUSDT surged to $1.719 from $1.521, closing at $1.596 with key support at $1.560–$1.570 and resistance near $1.720.

- RSI hit overbought levels (70+), while MACD turned negative, signaling weakening momentum and potential exhaustion.

- A 15-minute volume spike of 6.76M trades at $1.719 coincided with a price-volume divergence, hinting at bearish pressure.

- Fibonacci retracements highlight $1.617 (61.8%) and $1.650 as critical levels for potential bullish retests or breakdowns.

Summary
• RAYUSDT opened at $1.521 and reached a high of $1.719 before closing at $1.596.
• Volatility surged during the session, with a 15-minute high of $1.719 driven by strong volume.
•

Momentum
indicators suggest mixed signals, with RSI showing overbought conditions temporarily.

Price Action and Key Levels

Raydium/Tether (RAYUSDT) experienced a volatile 24-hour session, with the pair opening at $1.521 on 2025-11-10 12:00 ET and surging to a peak of $1.719 on 2025-11-11 01:30 ET. The price closed at $1.596 at 12:00 ET on 2025-11-11. Notable support appears to form around the $1.560–$1.570 range, while resistance is evident near $1.650 and $1.720. A bearish breakdown from $1.719 suggests short-term pressure, and a bullish rebound may require a retest of key support.

Moving Averages and Momentum

On the 15-minute chart, RAYUSDT closed below its 20-period and 50-period moving averages, indicating short-term bearish bias. The 200-day MA on the daily chart sits near $1.550, suggesting longer-term support. The RSI reached 70+ during the session, signaling temporary overbought conditions, while the MACD crossed into negative territory after a brief bullish divergence, indicating weakening momentum and possible exhaustion.

Bollinger Bands and Volatility

Volatility surged during the late-night surge, with RAYUSDT reaching the upper Bollinger Band at $1.719. This suggests a high-risk environment, as such extreme levels often precede consolidation or a reversal. The bands have since narrowed, indicating a possible contraction in volatility, which may precede a breakout.

Volume and Turnover

The total volume for RAYUSDT over the 24-hour period was 6,757,399.2 trades, with a total notional turnover of $10,856,586.60. The largest volume spike occurred at 01:30 ET, when the price hit $1.719, coinciding with a surge in turnover. A divergence between price and volume in the last 15-minute interval suggests potential bearish exhaustion as the price corrected from that high.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 15-minute move from $1.521 to $1.719, the 61.8% level aligns with $1.617. The 38.2% level is at $1.598, which the price has approached but not yet confirmed as support. On the daily chart, a retest of the 61.8% retracement level near $1.650 could be a key psychological barrier for a sustained bullish move.

Backtest Hypothesis

A backtest strategy for RAYUSDT could focus on identifying Bullish Engulfing patterns within the 15-minute timeframe, particularly when they occur near key support levels such as $1.560–$1.570. If confirmed, such patterns could serve as high-probability long entries, especially when accompanied by a surge in volume and a positive divergence in the MACD. These signals would need to be validated with historical data for accuracy and optimized for false signals during overbought conditions. Given the current price environment, monitoring the RSI and volume for divergence could improve the strategy's reliability.