$RONIN /USDT TECHNICAL ANALYSIS โ BULLISH SETUP APPROACHING BREAKOUT ๐๐ฎ
Current Price: $0.536
Key Levels:
๐ Resistance: $0.544 (24h high)
๐ก Support: $0.522 (24h low), secondary support near $0.528
Momentum is building as buyers dominate (68.81% buy volume). Price is consolidating just below resistance โ setting up for a bullish breakout.
๐ Trade Setup โ LONG ENTRY
โ Entry: $0.538 (on breakout candle close above resistance)
๐ฏ Take Profit Targets:
TP1: $0.555
TP2: $0.578
โ Stop Loss: $0.521 (below structure support)
๐ Risk Management:
Risk only 1โ2% of your portfolio. Use SL, take partial profits at TP1, and trail your stop for secured gains.
Momentum favors the bulls โ trade smart, manage risk, and ride the breakout! ๐๐ฅ
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