#robo $ROBO Entry Zone: 0.037 – 0.0385
Stop Loss: 0.0415
Target 1: 0.0345
Target 2: 0.0322
Target 3: 0.0300
$ROBO is being rejected near the 0.038 supply area, confirming that sellers remain in control. The recent upward movement appears corrective, with no higher highs formed, reinforcing a bearish short-term trend. Traders can consider short positions within 0.037 – 0.0385.
First downside target is 0.0345. If selling pressure accelerates, the next levels are 0.0322 and 0.0300 as extended lower timeframe objectives. Monitoring trading volume and momentum can help validate continuation strength.
A decisive break above 0.0415 would invalidate the bearish thesis. Maintaining proper stop-loss discipline is essential for risk management.
Perp
0.0362 -12.50%