$RONIN Forms a breakdown pattern after a volume-driven decline, with price action showing continuous selling pressure absorption, and no effective buying support observed.
🎯Direction: Short (Short)
🎯Entry: 0.170 - 0.172
🛑Stop Loss: 0.180 (Rigid Stop Loss)
🚀Target 1: 0.158
🚀Target 2: 0.145
$RONIN On the daily chart, a key support zone has been broken, accompanied by increased volume and changes in open interest, indicating market logic pointing to a continued liquidation of long positions. The price consolidates below a key psychological level, with each rebound quickly absorbed, indicating a market dominated by bears. Any retracement on the lower timeframe near the breakdown zone is an opportunity for bears to add positions, with downside space already open.
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[$RONIN Signal] Short + Volume Breakout
$RONIN Forms a breakdown pattern after a volume-driven decline, with price action showing continuous selling pressure absorption, and no effective buying support observed.
🎯Direction: Short (Short)
🎯Entry: 0.170 - 0.172
🛑Stop Loss: 0.180 (Rigid Stop Loss)
🚀Target 1: 0.158
🚀Target 2: 0.145
$RONIN On the daily chart, a key support zone has been broken, accompanied by increased volume and changes in open interest, indicating market logic pointing to a continued liquidation of long positions. The price consolidates below a key psychological level, with each rebound quickly absorbed, indicating a market dominated by bears. Any retracement on the lower timeframe near the breakdown zone is an opportunity for bears to add positions, with downside space already open.
Trade 👇 $RONIN
Follow me: Get more real-time analysis and insights on the crypto market!
#GateSquare Creator New Year Incentives
#Weekend Market Analysis
#GateFun Token Recommendation
#GateLaunchpadIMU