$RONIN / USDT — Bearish Continuation (1H)

RONIN is trading around 0.1368 after facing a strong rejection from the 0.1395–0.1400 resistance zone. On the 1H timeframe, price has formed a clear lower high followed by a sharp bearish impulse, breaking back below short-term support. Selling pressure remains dominant, signaling continuation risk to the downside.

Direction: Short

Entry Zone:

0.1370 – 0.1390

Targets:

TP1: 0.1345

TP2: 0.1320

TP3: 0.1285 (major demand zone)

Stop Loss:

Above 0.1410

Bias:

Bearish while below 0.1395. As long as price stays capped under this resistance, further downside toward 0.1345 → 0.1320 remains likely. A strong reclaim and close above 0.1410 would invalidate the bearish setup and shift bias to neutral.

RONINUSDT

Perp

0.1374

-0.14%