[$RONIN Signal] Short | Weak consolidation after volume breakout

2026-01-18 17:29:17

$RONIN After experiencing a -17% volume-driven decline, it is now consolidating weakly at a low level. The price action shows a passive sideways movement after the decline, lacking effective buying absorption, which is a typical bearish dominant structure.

🎯Direction: Short (Short)

🎯Entry: 0.166 - 0.170

🛑Stop Loss: 0.176 (Rigid Stop Loss)

🚀Target 1: 0.155

🚀Target 2: 0.145

The decline of $RONIN was accompanied by significant volume, and the price failed to quickly recover the decline, indicating that selling pressure is genuine and persistent. The current low-level sideways movement is more like a continuation of the downtrend rather than accumulation at the bottom. The market shows that bulls are unable to support the price, and any rebound into the entry zone is a potential area for supply to reappear. As long as the price remains below 0.176, the downward path will remain open.

Trade here 👇 $RONIN

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