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$RONIN Signal: Negative funding rate + 4H long, pullback to add to the long position and short squeeze
$RONIN RSI 62, 1H MACD histogram shrinking, 4H MACD still bullish, funding rate -0.66%, bears crowded but price is holding steady. Depth buy/sell ratio 1.10, active buying support below. Plan to retest around 0.1100 to add long.
🎯Direction: Long
⚡Entry/Order: 0.1100 (within recommended range)
🛑Stop loss: 0.1004
🚀Target 1: 0.1164
🚀Target 2: 0.1168
🛡️Trade management: - Reduce 50% at Target 1, move stop loss to 0.1100 to break even. If price falls back to entry level, exit automatically.
Current risk-reward ratio is very narrow, but under negative funding rate, short covering may trigger impulsive moves. 1H Bollinger middle band at 0.1122 provides short-term support; if broken, abandon the plan.
View real-time market 👇 $RONIN
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