$RONIN +37% Pump | Exhaustion Risk Rising
$RONIN just surged +37% in 24 hours, but price is now entering a zone where profit-taking and pullbacks often begin. Momentum is hot, yet upside efficiency is fading.
SHORT $RON (Fade the Pump) 📉
🔹 Entry: $0.205 – $0.210
🛑 SL: $0.23
🎯 TP1: $0.180
🎯 TP2: $0.160
🎯 TP3: $0.145
Technical View:
Price has rallied nearly +40% from $0.143 to $0.20, tagging a key Fibonacci extension zone ($0.187–$0.201) where sellers typically step in. RSI(7) around 64 shows strength, but not enough for another vertical leg.
Volume spiked near $40M, signaling speculative flow. After parabolic moves, markets often pull back to reload liquidity. As long as $0.21 isn’t reclaimed, downside liquidity at $0.18 → $0.16 → $0.145 remains attractive.
Trade with control 👇
#RONIN #FadeThePump #CryptoShorts #MarketStructure