$RONIN /USDT BULLISH CONSOLIDATION โ€“ GAMING TOKEN EYEING BREAKOUT! ๐ŸŽฎ๐Ÿš€

๐Ÿ“Š Current Price: $0.500 (+1.42%)

๐Ÿ“ˆ 24H High: $0.503

๐Ÿ“‰ 24H Low: $0.472

๐Ÿ”„ 24H Volume: 18.02M RONIN / $8.75M USDT

๐Ÿ” TECHNICAL ANALYSIS:

$RONIN is trading near a key support-turned-resistance level at $0.500, after bouncing from the $0.472 low. Itโ€™s currently in a tight consolidation range, building momentum for a potential breakout.

The 4H chart shows price compressing with higher lows, forming an ascending triangle pattern โ€“ typically bullish. A confirmed breakout above $0.503 could trigger a move toward the $0.550โ€“$0.600 range, especially with increasing volume in the gaming sector.

๐Ÿ”‘ KEY LEVELS TO WATCH:

๐Ÿ”ผ Resistance 1: $0.503 (short-term breakout level)

๐Ÿ”ผ Resistance 2: $0.550

๐Ÿ”ผ Resistance 3: $0.600

๐Ÿ”ฝ Support 1: $0.485 (short-term pullback zone)

๐Ÿ”ฝ Support 2: $0.472 (24H low / strong demand)

๐Ÿงญ TRADE SETUP โ€“ LONG IDEA:

๐Ÿ“ฅ Entry Zone: $0.490 โ€“ $0.502 (on breakout retest or dip)

๐ŸŽฏ Targets:

TP1: $0.525

TP2: $0.550

TP3: $0.600

๐Ÿ›‘ Stop Loss: $0.467 (below key support level)

๐Ÿ’ก RISK MANAGEMENT STRATEGY:

Use 2โ€“4% of total capital

Move SL to breakeven once TP1 hits

Watch for breakout volume confirmation above $0.503

Avoid overtrading during consolidation

๐Ÿ“ข RONIN is coiling for a move โ€“ a breakout above $0.503 with volume could signal strong upside toward $0.60. Stay ready!

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