š» $RONIN /USDT Short Trade Signal Alert!
$RONIN surged to a high of $0.624 but is now showing strong signs of exhaustion. Price action has shifted with clear lower highs and lower lows forming, while declining volume confirms a loss of bullish momentum. Sellers appear to be taking back control, setting up a bearish continuation.
š Short Trade Setup:
⢠Entry Zone: $0.492 ā $0.500
⢠Take Profit 1: $0.470
⢠Take Profit 2: $0.452
⢠Take Profit 3: $0.435
⢠Stop Loss: $0.510
š Market Outlook:
With a fading rally and bearish market structure, $RONIN is primed for a potential deeper pullback. Watch for continuation confirmation under $0.490, and manage risk carefully if momentum accelerates downward. Perfect for active scalpers and short-term traders.