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$RON is holding above the $0.17 support after a sharp spike and fast retrace, showing absorption rather than distribution.
Price is compressing below the $0.176–0.178 supply zone, forming a tight range.
A clean break above $0.178 could open momentum toward $0.185+.
#BitcoinActivityPicksUp #FedRateCutComing
Failure to hold $0.17 would shift bias back to range support near $0.165.