$ROBO is looking weak on the 15M chart, and I'm watching the breakdown closely. Price has been printing lower highs and lower lows all session, with sellers now pressing directly into the 0.01322 support.
The momentum is clearly bearish, but I don't want to chase the current candle at the low. A weak bounce into resistance could offer the cleaner short setup.
Trade Setup
Entry: $0.01335–0.01350
Stop Loss: $0.01372
Targets:
Target 1: $0.01322
Target 2: $0.01305
Target 3: $0.01285
Target 4: $0.01260
Why it's possible
The 15M structure remains firmly bearish, with every recovery getting sold and price continuing to form lower highs. The latest breakdown shows sellers still controlling momentum.
I'm watching 0.01335–0.01350 for a rejection. If price retests this zone and fails, continuation toward fresh lows becomes more likely.
The key is risk management. If 0.01372 breaks, the bearish setup loses its edge. Let's go and trade now $ROBO
The momentum is clearly bearish, but I don't want to chase the current candle at the low. A weak bounce into resistance could offer the cleaner short setup.
Trade Setup
Entry: $0.01335–0.01350
Stop Loss: $0.01372
Targets:
Target 1: $0.01322
Target 2: $0.01305
Target 3: $0.01285
Target 4: $0.01260
Why it's possible
The 15M structure remains firmly bearish, with every recovery getting sold and price continuing to form lower highs. The latest breakdown shows sellers still controlling momentum.
I'm watching 0.01335–0.01350 for a rejection. If price retests this zone and fails, continuation toward fresh lows becomes more likely.
The key is risk management. If 0.01372 breaks, the bearish setup loses its edge. Let's go and trade now $ROBO