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【$RONIN Signal】Rebound with multiple long positions + negative fee rate short squeeze game
$RONIN 1H retraced below EMA20, trading volume shrank to the lowest in nearly 6 hours, funding rate -0.3876% hit an extreme negative value, increasing expectations of a short squeeze. The 4H Bollinger middle band at 0.0969 provides support, MACD bars narrowed but remain positive, indicating the bullish trend is intact. The current price of 0.1097 is slightly above the upper limit of the suggested entry zone; a pullback to the 0.1015-0.1092 range for long positions is more prudent.
🎯Direction: Long (place order)
⚡Entry/Order: 0.1015 - 0.1092
🛑Stop loss: 0.1001
🚀Target 1: 0.1103
🚀Target 2: 0.1107
🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss to breakeven; if the price drops back to the lower boundary of the entry zone, automatically exit. Although the negative fee rate hints at a bullish rebound, profit potential is narrow, so strict risk control is necessary.
Personal judgment: This extremely low risk-reward ratio (0.13) combined with an extreme negative fee rate is usually suitable for small positions to gamble on rapid gains, not for heavy positions to fight.
Check real-time market 👇 $RONIN
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#TradFi交易分享挑战 #PYTH今日解锁21.3亿枚代币 $BTC $ETH $SOL