$RONIN
/USDT Technical Analysis & Trade Signal
Current Status:
Price: $2.038
Momentum: Bullish (+3.77% in 24h)
Trend: Uptrend, consolidating near the resistance of $2.041.
Indicators:
RSI (Relative Strength Index): Slightly above 60, suggesting mild overbought conditions.
MACD: Bullish crossover, signaling upward momentum.
Volume: Strong with consistent activity (24h RONIN: 14.60M).
Trade Signal:
Recommendation: BUY on breakout above $2.041 or HOLD in current trend.
Targets 🎯:
1. Target 1 (Short-term): $2.15
2. Target 2 (Medium-term): $2.30
3. Target 3 (Long-term): $2.50
Stop-Loss:
Place a stop-loss at $1.85 to limit downside risk.
Momentum Insight:
The trend suggests increasing demand and strong market momentum. Look for confirmation if price breaks above $2.041 with high volume.