$RONIN was rejected by the resistance of the rising wedge formation and unfortunately it also broke its rising trend. It received a reaction with millimetric contact from the area I specified as support, but it continues to retreat by being rejected again from the area that turned from support to resistance. Unless the $2.51-$2.615 range, which is a strong support level, is broken, it is likely to continue trying the support-to-resistance zone ($3.469). It is important to follow these levels I mentioned as support and resistance.

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