$RONIN /USDT – BEARISH PRESSURE BUILDING!

Ronin is struggling to reclaim key resistance levels, currently trading at $0.488 (+2.52%), but signs of rejection near $0.507 may signal short-term weakness. Let’s break it down

KEY LEVELS:

Resistance (R1): $0.507 (24h high – key rejection zone)

Resistance (R2): $0.520 (major breakout point)

Support (S1): $0.472 (24h low – key short-term floor)

Support (S2): $0.460 (next support if 0.472 fails)

Current Price: $0.488

TRADE SETUP – SHORT ENTRY:

Entry: Sell around $0.490–$0.495

Take Profit (TP1): $0.472

Take Profit (TP2): $0.460

Stop Loss (SL): $0.510 (above resistance zone)

RISK MANAGEMENT

Limit risk to 1–2% of your portfolio. Always use a hard stop loss. Let the setup come to you – avoid chasing late entries. Discipline beats emotion

Ronin faces overhead resistance – bears are watching closely. Stay sharp & trade smart!

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