$RONIN /USDT BEARISH TO NEUTRAL โ WEAK RECOVERY UNDER $0.500 RESISTANCE โ ๏ธ
๐ Current Price: $0.487 (-8.46%)
๐ 24H High: $0.532
๐ 24H Low: $0.472
๐ Volume (RONIN): 29.18M
๐ต Volume (USDT): 14.66M
๐ฎ Sector: Gaming
๐ TECHNICAL OVERVIEW (1D & 4H Timeframes)
has dropped sharply from the $0.530+ zone and is now struggling to regain bullish structure. While a minor bounce is in play from $0.472 support, the downtrend remains intact until price reclaims above the $0.500โ$0.520 resistance area.
The price is currently hovering near key resistance while still under bearish control. If buyers fail to push through $0.500 convincingly, another move down is likely.
๐ KEY LEVELS:
Support Zones:
๐ป $0.472 โ Immediate support (24H low)
๐ป $0.460 โ Mid-range demand
๐ป $0.440 โ Strong structure support
Resistance Zones:
๐บ $0.500 โ Local resistance (psychological + technical)
๐บ $0.520 โ Breakdown origin area
๐บ $0.532 โ 24H high and rejection zone
๐ฏ TRADE SETUPS:
๐ป Short Setup (if rejection at $0.500):
Entry: $0.490โ$0.495
TP1: $0.472
TP2: $0.460
SL: $0.506
๐ผ Aggressive Long Setup (bounce play):
Entry: $0.474โ$0.478 (bounce from support)
TP1: $0.495
TP2: $0.510
SL: $0.466
> ๐ Best trade will depend on price action at $0.500 โ a strong close above with volume flips structure bullish.
โ๏ธ RISK MANAGEMENT:
Risk only 2โ3% of your capital
Adjust SLs based on volatility and size
Maintain minimum 1:2 Risk/Reward Ratio
๐ SUMMARY:
$RONIN is attempting to recover, but remains weak below $0.500. A confirmed breakout above $0.500โ$0.520 would shift sentiment to bullish, but unless that happens, bearish continuation remains favored. A break below $0.472 could lead to $0.460โ$0.440 levels quickly.
๐ Watch closely โ $0.500 is the make-or-break zone!
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