$ROBO pumped aggressively from 0.03297 → 0.06233, then printed a strong rejection wick and heavy red candle on the daily.

Current price: 0.04555

From 0.06233 high down to 0.04555 = -26.9% spot drop.

The blow-off top structure is forming after a vertical expansion. Momentum exhaustion is visible.

Market Bias: Short-term Bearish Pullback After Parabolic Move

Trading Plan

Direction: SHORT

Current Entry: 0.0455 – 0.0470

Stop Loss: 0.0538

TP1: 0.0400

TP2: 0.0365

TP3: 0.0330

Structure Logic

Price expanded nearly 90% from the local bottom without proper consolidation.

Now we see upper-wick rejection near 0.062 and a strong bearish follow-through candle.

If price fails to reclaim 0.050–0.053 zone, this becomes a classic distribution after hype listing spike.

0.040 is first liquidity pocket.

Break below → continuation toward 0.0365 and possible full retrace to 0.033 base.

If 0.0538 breaks and holds → short thesis invalid.

Capital Management

Risk small — 1–2% of total capital.

At TP1 → move SL to entry immediately.

Secure majority of position at TP2.

You may leave a small runner toward TP3 if momentum accelerates.

Priority is to close the plan at targets — runner is optional.

Those who know contentment are always happy.