📊 $RONIN /USDT Market Analysis & Trading Strategy
💰 Market Overview:
🔹 Current Price: $0.987 (-6.09%)
🔹 24h High: $1.100
🔹 24h Low: $0.949
🔹 24h Volume: 8.17M RONIN / 8.35M USDT
📈 Key Levels & Trading Plan
✅ Support Zones:
🔹 $0.970 - $0.950 – Strong demand zone
🔹 $0.920 - $0.900 – Next major support
🚀 Resistance Levels:
🔹 $1.00 - $1.05 – Immediate resistance
🔹 $1.08 - $1.10 – Key breakout zone
📊 Indicators to Watch:
🔹 RSI: Near oversold, possible rebound soon
🔹 MACD: Bearish, but slowing downward momentum
🔹 Bollinger Bands: Approaching lower band, potential bounce
📍 Trade Plan:
📌 Scenario 1: If price holds above $0.970, a long entry could target $1.00 - $1.05
📌 Scenario 2: If price breaks above $1.05, expect a move toward $1.08 - $1.10
📌 Scenario 3: If price falls below $0.950, wait for a re-entry near $0.920 - $0.900
⚠️ Risk Management:
🔹 Stop-loss: Below $0.940
🔹 Take profits: $1.00 - $1.05 - $1.10
🔔 Final Thoughts:
RONIN/USDT is down 6%, testing support around $0.970. A rebound is possible if buyers step in, but a break below $0.950 could lead to further downside. Watch for $1.05 breakout for bullish confirmation.