<ul><li>Raydium (RAY) price is on the rise, driven by ongoing token buybacks and bullish momentum in the market.</li><li>Continuous buybacks of RAY tokens by Raydium have provided strong demand, leading to a notable surge in price.</li><li>Technical analysis shows a positive trend with higher highs and moving averages supporting the bullish sentiment.</li><li>Traders are keeping an eye on a potential breakout at $3.50, with $4.20 as the next major resistance level to watch.</li></ul>

Raydium price bounces back as RAY token buyback fuels bullish momentum

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