$RONIN 🦅

➡️⚠️RONIN is showing strong bullish momentum, supported by high volume and its position above key moving averages. However, resistance near $2.50 could lead to short-term profit-taking. Trade cautiously by setting tight stop-losses and locking in profits at resistance levels.

Trading Strategy:

1. Entry Point:

Consider entering around $2.40 to $2.45

Avoid entering if the price drops below $2.30, as it might signal a trend reversal.

2. Targets:

Target 1: $2.50 (near-term resistance).

Target 2: $2.52 to $2.53 (breakout zone for higher gains).

3. Stop-Loss:

Place a stop-loss at $2.30 to protect against downside risk.

Take Partial Profits: Exit partially at $2.50 to secure gains and let the remaining position ride to $2.52 or higher.

Monitor Volume: Sustained buying pressure near $2.50 is necessary for a breakout. Declining volume could indicate exhaustion.

Avoid Overexposure: Allocate a small portion of your portfolio to RONIN, as gaming tokens can be volatile.

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