$RONIN NIN / USDT Technical Outlook
$RONIN NIN has run into strong resistance after an aggressive parabolic move, with clear signs of exhaustion and profit-taking appearing near the highs.
Price is currently struggling to reclaim the upper resistance zone. This behavior typically favors a pullback or downside continuation rather than immediate upside expansion.
As long as RONIN remains capped below the rejection area, bearish pressure remains in control and any short-term rallies are likely to be sold into.
Trade Setup • Entry: 0.187 – 0.192
• Target 1: 0.180
• Target 2: 0.170
• Target 3: 0.162
• Stop Loss: 0.200
