$RONIN
📊 Technical Analysis: RONIN/USDT Update 🚀
RONIN is experiencing strong upward momentum, currently trading at $2.385 (+13.57%). Let’s break down the key indicators and potential targets for this trending pair.
Key Metrics:
24h High: $2.396
24h Low: $2.072
Volume:
RONIN: 9.55M
USDT: 21.74M
Technical Indicators:
1. SAR (Stop and Reverse): $2.328
The SAR indicator suggests the trend remains bullish as long as the price stays above this level.
2. Immediate Resistance: $2.405
3. Immediate Support: $2.328
Targets to Watch 🎯
1. Target 1: $2.405
The immediate resistance level. A breakout above this can confirm bullish continuation.
2. Target 2: $2.50
Psychological and technical resistance. A key level to monitor for sustained momentum.
3. Target 3: $2.65
Based on Fibonacci extensions and historical resistance, this level becomes feasible if buying volume remains strong.
Support Levels 🛡️
$2.328: Critical SAR support level.
$2.277 - $2.222: Strong demand zone to watch if there’s a pullback.
🔎 Technical Outlook:
RONIN/USDT is showing strong bullish signals with rising price action and significant volume. Watch for a breakout above $2.405 to confirm further upside toward the $2.50-$2.65 range. Traders are advised to use stop-losses below $2.328 to manage risk.
💡 Keep an eye on volume and momentum for confirmation! 🚀
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