$RONIN

/USDT Trade Analysis and Strategy📊📉🎯

Current Price: $2.357

24h Change: +3.29%

24h Range: $2.222 - $2.528

24h Volume: 17.39M RONIN / 41.75M USDT

Technical Snapshot 📊

1. Trend:

Bullish with a +3.29% gain, showing upward momentum.

Price is consolidating near $2.36, just below $2.528, the recent 24h high.

2. Key Support:

$2.25 (recent low)

$2.22 (strong support area)

3. Key Resistance:

$2.50 (near 24h high)

$2.60 (psychological resistance)

4. Indicators:

RSI: 61 (Neutral to bullish)

MACD: Bullish crossover, supporting upward momentum.

Volume: Healthy volume, confirming the buying interest.

Trade Strategy 🎯

Entry Zone: $2.35 - $2.36 (Buy on pullbacks near support)

Stop-Loss: $2.22 (Manage downside risk)

Target Levels 🚀

1. 🎯 Target 1: $2.50 – Immediate resistance retest

2. 🎯 Target 2: $2.60 – Psychological resistance breakout

3. 🎯 Target 3: $2.75 – Extended breakout target

Trade Tip:

Monitor for a break above $2.50 with increased volume for confirmation of a continued uptrend. Be ready to take profits near resistance levels.

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