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【$RONIN Signal】Negative funding rate ambush, waiting for a pullback to go long
$RONIN Funding rate -1.1262%, long position cost is almost zero, but 1H MACD histogram -0.0005 and death cross widening, buying depth slightly imbalanced at 0.95.
4H Bollinger upper band 0.1241 encountering resistance, price falling from 0.1365 to 0.1177, selling pressure being digested.
🎯Direction: Watchful (place orders to go long)
⚡Order: 0.1037 (recommended lower limit of the range)
🛑Stop loss: 0.1011
🚀Target 1: 0.1177
🚀Target 2: 0.1182
🛡️Trade management: Reduce 50% when reaching Target 1, move stop loss up to 0.1037; if it falls below 0.1011, exit unconditionally.
Depth logic: Negative funding rate + stable open interest indicates continued paying by shorts, longs are still betting. RSI 1H at 59.23 not overbought, pullback to 0.1037 near 4H EMA50 (0.1016) and 1H Bollinger lower band (0.1070), risk-reward ratio is reasonable.
View real-time market 👇 $RONIN
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