ROBOUSDT market update
ROBO is in a clear bearish trend on the 1H chart, trading well below the EMA 200 (0.0355). Price has been forming lower highs and lower lows, with a recent drop toward 0.0249 followed by a weak bounce to the 0.0268 area.
Key resistance
0.0281 short term resistance
0.0322 mid range resistance
0.0355 EMA 200 major resistance
Key support
0.0249 recent low
0.0239 immediate support
0.0225 next support zone
As long as price remains below 0.028–0.032, the trend stays bearish and rallies are likely to be sold into.
If 0.0249 breaks, further downside toward 0.023–0.022 is possible.
A reclaim above 0.032 would be the first sign of strength, but a full trend reversal requires recovery above the EMA 200.
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ROBOUSDT
Διην.
0.02602
+0.73%