📢 $RONIN / USDT | 🔴 SHORT | ⭐ 71%
🎯 Target: $0.04991236. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.05028
🛑 Stop Loss: $0.050484
🏁 TP1: $0.049912
🏁 TP2: $0.049708
🏁 TP3: $0.049463
📈 Analysis:
The asset shows a confirmed bearish structure on higher timeframes, characterized by the formation of lower highs and lower lows. A bearish break below the key support zone can be observed, accompanied by a 55% increase in trading volume, suggesting greater selling pressure in the market. The combination of this structural weakness and increased selling activity supports the current approach.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish breakout occurs when the price falls through a support level, indicating that sellers are in control and may continue pushing the price lower.
#crypto #RONIN #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
🎯 Target: $0.04991236. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.05028
🛑 Stop Loss: $0.050484
🏁 TP1: $0.049912
🏁 TP2: $0.049708
🏁 TP3: $0.049463
📈 Analysis:
The asset shows a confirmed bearish structure on higher timeframes, characterized by the formation of lower highs and lower lows. A bearish break below the key support zone can be observed, accompanied by a 55% increase in trading volume, suggesting greater selling pressure in the market. The combination of this structural weakness and increased selling activity supports the current approach.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish breakout occurs when the price falls through a support level, indicating that sellers are in control and may continue pushing the price lower.
#crypto #RONIN #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
