$RONIN USDT – CONSOLIDATION NEAR SUPPORT! LONG TRADE SETUP FORMING
PULLBACK HOLDS ABOVE 99 MA
POTENTIAL REVERSAL ZONE AROUND $0.493
$RONIN USDT saw a strong surge to $0.624 before retracing back into the 99 MA zone ($0.493), where it is now consolidating. Despite the cooldown, price is showing signs of base formation above key support with lower-timeframe selling momentum fading.
A breakout above the 7 MA ($0.502) and 25 MA ($0.510) could trigger the next wave up.
Long Trade Setup
Entry: $0.502
Targets: $0.520 / $0.540
Stop Loss: $0.488
Watch for volume confirmation. Holding above $0.493 keeps the bullish case valid.
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