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Raydium drops 13% as spot selling intensifies, but derivatives traders stay active, hinting at possible rebound.

Technical Signals
13 Oct 2026
AMBCrypto
View Source
Bearish
Raydium drops 13% as spot selling intensifies, but derivatives traders stay active, hinting at possible rebound.

Raydium (RAY) fell 13% after losing support near $2.5 and dropping to $2.0 amid increased spot selling pressure, with spot sell volume surpassing buy volume. However, derivatives markets showed strong inflows and rising futures volume, indicating traders remain active and may be positioning for volatility or a rebound. Technical indicators suggest bearish momentum, risking a drop below $2.0 to $1.8 if selling continues. Yet, sustained derivatives activity could help Raydium defend $2.0 and recover to $2.5.

Raydium (RAY) is trading at Rp37.300 on Pluang, down 7.49% in the past day with a market cap of Rp10 trillion. Buy orders dominate at 65% compared to 35% sell orders, showing more buying interest despite recent price drops. This data is current as of Oct 13, 2026 21:12 WIB.

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