"Ronin (RON) Gearing Up for a Massive Reversal – $10 in Sight?"

The chart of Ronin (RON/USD) shows key technical levels and indicators suggesting a potential reversal from the current order block zone. Here's a structured analysis:

1. Current Market Structure & Order Block Potential
Price: $1.619 (as per the chart)
Support Zone: Around $1.50–$1.60, marked by a blue order block, indicating a potential demand area.
Resistance Levels:
$2.00 (200 EMA resistance)
$2.50 (previous liquidity zone)
$3.50 & $4.50 (major resistance levels)
Above $4.50, the price could experience strong upside momentum towards $8 or even $10.
2. Moving Averages (EMA)
50 EMA (yellow) at $1.833: Currently acting as resistance.
200 EMA (pink) at $2.005: A crucial breakout level for confirming a bullish reversal.
3. RSI (Relative Strength Index)
Current RSI: ~39.78 (neutral to slightly bearish).
Oversold Region (~30 RSI) is close, suggesting a potential bounce.
Confirmation: RSI crossing above 50 will signal strength in momentum.
4. Key Triggers for Bullish Reversal
✅ Rebound from the current order block (~$1.50–$1.60)
✅ Break and hold above 50 EMA ($1.83) and 200 EMA ($2.00)
✅ Volume increase to confirm buying interest
✅ RSI pushing above 50-60 range

5. Potential Targets & Pathway
1️⃣ Short-term target: $2.00 (EMA 200 resistance)
2️⃣ Mid-term: $2.50 and $3.50 (historical liquidity zones)
3️⃣ Long-term: $4.50 (breakout level, unlocking $8–$10 potential)

Final Thoughts
If the order block holds, we could see a bullish reversal leading to higher highs.
A break below $1.50 may invalidate this setup, leading to a bearish continuation.
Volume confirmation and market sentiment will play a key role.