Institutional players are dumping, and we retail investors need to be more vigilant!!!👀
Currently, $ROBO is experiencing reduced volume and a pullback, with the Bollinger bands as narrow as a strand of hair; this sense of "suffocation" is usually a prelude to a trend reversal. Although whale shorts have surged by 46%, it also means that once the negative news is exhausted, the rebound's slope will be astonishing.
The 300 million prize pool activity of @Fabric Foundation has not yet ended, which provides clear liquidity support. $0.0381 is the support line; as long as this level holds, it represents a high-probability entry zone. Personally, I believe the opportunity outweighs the risk, and this is a good time to buy.
The current scenario is very clear: either we get washed out by this group of "bearish whales" or we wait for them to exhaust their selling pressure before welcoming a significant breakout. Don't hand over your chips before dawn!!!
#ROBO #FabricFoundation