📉 ROBO/USDT: Strategic Entry on the Horizon?
The @Fabric Foundation $ROBO perpetual chart is currently navigating a corrective "staircase" phase after its recent volatility. Currently trading at $0.03687, we are seeing a steady decline from the $0.04688 peak.
Live Setup:
* Key Support: Bulls need to defend the $0.03360 zone to prevent further slippage.
* Market Sentiment: The Top Trader Long/Short ratio is stabilizing around 1.61, suggesting a slight bullish bias despite the price action.
Professional Thought: Patience is key. I’m looking for a volume-backed reversal candle near the $0.033 level before considering a long.