What does the trend of $ROBO mean??? Shocked, my friend, the EMA resistance level is easily broken, and this week's increase of 74% is just unbelievable!!!
The most exciting part of the market right now is not the increase, but the psychological warfare of "mutual harvesting" between institutions and retail investors. Institutions increased their positions by 6.5%, firmly holding above $0.0406; while retail investors are still shorting against the trend. This extreme overbought RSI breaking 80 might usually require a correction, but combined with the @Fabric Foundation trading competition of 30 million tokens on Binance, this trend could very likely evolve into a "violent short squeeze".
Short-term focus on $0.0426, if it stabilizes, the new space will be $0.0450. Instead of being envious of the increase, why not participate in the Alpha points airdrop of Fabric Foundation? Securing the chips is more rewarding than blindly shorting.
