Can RON/USDT Repeat AXS’s 2021 Rally?
RON/USDT is showing a promising technical setup, forming a classic cup and handle pattern, which is often a precursor to explosive bullish moves. This pattern resembles the setup seen in AXS/USDT before its massive rally in 2021.
If RON can break above the critical resistance at $4 and sustain its momentum, it could potentially mirror AXS’s performance and aim for a price target above $100 in the long term. The psychological significance of breaking this level could drive renewed interest and strong buying pressure.
However, like any market setup, confirmation is key. Traders should wait for a decisive breakout above $4 and a strong consolidation to validate the uptrend before aiming for higher levels. With proper risk management, RON/USDT could offer a significant opportunity for those eyeing long-term