$RONIN is currently priced at 0.534 USDT, indicating a neutral market structure.
With a support level at 0.523 USDT and resistance at 0.541 USDT, a range-bound trading strategy could be effective.
The RSI of 46.83 suggests that the coin is neither overbought nor oversold, allowing for potential consolidation.
However, traders should be cautious of Bitcoin's volatility and macroeconomic developments that could impact the overall market.
