I’m watching $ROBO , and the daily chart is showing a developing bullish setup after a long consolidation phase.

Current Price: $0.01440

24H High: $0.01475

24H Low: $0.01328

The daily market structure has improved, with price forming higher lows around the $0.0130–$0.0132 region. The major visible swing low is $0.01034, while the previous major high sits at $0.02169.

Price is currently above all three moving averages:

MA7: $0.01376

MA14: $0.01364

MA28: $0.01362

This alignment gives me a bullish short-term bias. The MA7 is slightly above MA14 and MA28, while all three are sitting below current price.

The main resistance I’m watching is $0.01475, followed by $0.01601. Above that, the next visible resistance areas are around $0.01885 and $0.02169.

For liquidity, the recent highs around $0.01475 and $0.01601 are the important buy-side areas. A clean break through $0.01601 could potentially bring the higher liquidity around $0.01885–$0.02169 into play.

On the downside, $0.01317 is the key visible support, with the moving-average cluster around $0.01362–$0.01376 providing dynamic support. The deeper support levels are around $0.01034 and the lower consolidation region.

The recent candles show repeated attempts to hold the $0.013–$0.014 area, followed by a push toward $0.01475. I’m not seeing a confirmed major reversal candle yet, so I would treat the current move as a developing breakout attempt rather than a confirmed trend expansion.

Volume is important here.

Current Volume: ~12.62M

MA5 Volume: ~24.45M

MA10 Volume: ~37.71M

Current volume is below both volume averages. So although price structure is improving, I want to see stronger volume behind any move through $0.01601. Without that confirmation, the breakout could struggle or turn into another range rejection.

The only indicators visible on the chart are MA7, MA14, MA28 and volume/MAVOL. RSI, MACD, EMA, VWAP and Bollinger Bands are not visible, so I’m not using them in this analysis.

My preferred setup is a pullback into the $0.01360–$0.01390 area, ideally followed by a clear bullish reaction.

Entry Zone: $0.01360–$0.01390

Stop Loss: ~$0.01300

The setup would be invalidated if price loses the $0.01317 support and especially if a daily candle closes below that area.

My upside targets are:

TP1: $0.01601

TP2: $0.01885

TP3: $0.02169

Using approximately $0.01375 as the entry and $0.01300 as the stop:

TP1 → ~3R

TP2 → ~6.8R

TP3 → ~10.6R

These are approximate R:R calculations and will change depending on the actual entry and execution.

My bullish confirmation is a daily close above $0.01601 with noticeably stronger volume. That would show buyers are successfully taking control of the upper range.

I’m giving this setup MEDIUM confidence because the market structure and moving averages are supportive, but volume is still relatively weak and price has not yet broken the major $0.01601 resistance.

My final view: I’m bullish on $ROBO, but I don’t want to chase the current price. I’d prefer a controlled retest around $0.01360–$0.01390, or a strong-volume daily breakout above $0.01601 before entering.

Educational analysis only — not financial advice.