+4.26% for Raydium as exploit losses reimbursed from protocol treasury

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Raydium gains 4.26% today to $0.588

Highlights

Raydium experienced a $1.34 million exploit on June 10, 2026, targeting deprecated liquidity pools from its legacy AMM program.
No current users or programs were affected; Raydium will fully reimburse losses and is initiating a protocol-wide security overhaul.
RAY/USD shows a bullish short-term setup with a 77% probability of trading in the $0.5290–$0.6075 range, but overbought signals suggest risk of near-term pullback.

Exploit-driven selloff contained as treasury steps in to reassure users

Raydium suffered a $1.34 million exploit on June 10, 2026, after an attacker targeted five deprecated liquidity pools left over from its legacy AMM V3 program, prompting immediate concern over operational risk and protocol security. The drained assets included approximately 150,000 RAY, 5,600 SOL, and almost 900,000 USDC; however, Raydium confirmed that no active users or current programs were impacted and pledged to fully reimburse all losses from its protocol treasury. The team also announced a comprehensive security review and retirement of legacy program contracts, measures aimed at restoring market trust and mitigating the impact of the exploit on platform sentiment.

Divergent momentum signals amid resistance capping longer-term gains

Technically, RAY/USD trades above the MA-20 ($0.5813) and MA-50 ($0.5757) levels but remains below the MA-200 ($0.7991), defining short- and medium-term support zones, while longer-term resistance persists. The Ichimoku Kijun at $0.5735 acts as an immediate support marker. Intraday momentum signals show mixed readings: the MACD suggests a buy setup and the Awesome Oscillator points upward, but the ADX is neutral. The RSI stands at 56.73—tilted bullish—while the CCI is overbought and the Stoch RSI signals a strong sell, highlighting divergence and potential for volatility. BBP readings indicate buyer dominance within the hourly timeframe.

Upside probability rises as consolidation range sets short-term risk

Looking ahead over the next 2–3 trading days, RAY/USD is projected to consolidate within a $0.5290–$0.6075 volatility band. The probability of continued upward movement is assessed at 77%, with a less likely scenario (23%) of a downside correction. Baseline expectations favor range-bound trading, but a bullish scenario could unfold if the price breaks decisively above $0.6075 resistance. Alternatively, a lack of momentum could see the price fall below immediate support at $0.5735.

Anton Kharitonov, analyst at Traders Union, sees Raydium's technicals holding up in the short term but notes that the recent $1.34 million exploit has undermined market confidence. He emphasizes that while momentum indicators show some buyer dominance, sentiment remains fragile after the protocol breach. Kharitonov remains cautious near the $0.5735 support, noting risk for further volatility if trust is not swiftly restored. "Until Raydium regains user confidence and clears the $0.6075 resistance, I stay defensive and watch for potential downside," he says.

Earlier, analysts noted that Raydium was under persistent bearish momentum with limited prospects for a sustained rebound. The latest price recovery and the protocol's decisive security response suggest sentiment is stabilizing, making the $0.6075 resistance level an important area for traders to monitor for a potential bullish continuation.

Source of Data: RAY Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.