Trade Idea: $RONIN USDT

Bias: Short
Entry range: 0.05435 – 0.05460
TP1: 0.05405
TP2: 0.05370
TP3: 0.05359
Stop Loss: 0.05510
Confirmation conditions: Price bounces into the entry zone, gets rejected and closes back below 0.05435.

Reasons:

Strong high-volume breakdown.

Price is below all three moving averages.

Lower highs show seller control.

0.05370 is the nearest support.

One-line risk: Do not short near 0.05370 without a bounce because support may produce a sharp recovery.
$RONIN