$RONIN/USDT: BEARISH BREAKDOWN IN PROGRESS $RONIN

​TECHNICAL ANALYSIS

​The asset has experienced a sharp, high-volume rejection from the 0.0963 resistance level, resulting in a vertical breakdown. The price has breached multiple minor support levels with strong bearish momentum, characterized by successive large red candles. This price action suggests a significant shift in market sentiment, indicating that sellers are currently in full control and further downside is expected as the asset seeks a stable bottom.

​TRADE STRATEGY

​ENTRY ZONE: Look for entries on minor pullbacks toward the broken support-turned-resistance area.

​TARGET 1: 0.0885

​TARGET 2: 0.0860

​TARGET 3: 0.0835

​STOP LOSS: 0.0945

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