$RONIN has seen a price decrease of 4.77% in the last 24 hours.
Currently, the price sits near the lower Bollinger Band at 0.475.
This suggests potential oversold conditions, but caution is advised.
Bollinger Bands indicate contracting volatility, which may lead to a breakout soon.
Key support is at 0.474, while resistance is at 0.493.
Consider placing a stop-loss just below 0.474 to manage risk.
Recommended action is to wait for confirmation of a bounce from support before considering entries.
