Fabric Protocol ($ROBO) is showing massive volatility after its recent listings on major exchanges like Bybit and Coinbase. With a 24h trading volume nearly equal to its market cap (~$82M), the liquidity is perfect for scalpers.
Here is the technical breakdown and trade setup:
📊 Trade Strategy:
Aggressive Entry: $0.0370 – $0.0374 (Current market support level).
Conservative Entry: $0.0356 (Near the 24h low; a strong historical bounce zone).
🎯 Take Profit (TP) Targets:
Target 1 (Scalp): $0.0407 (Testing the 24h high resistance).
Target 2 (Mid-Term): $0.0440 (Approaching the previous All-Time High).
Target 3 (Breakout): $0.0465+ (Potential price discovery if a new ATH is formed).
🛡️ Risk Management:
Stop Loss (SL): $0.0340.
Reasoning: The All-Time Low is $0.0328. If the price drops below $0.0340, the bullish structure breaks, and we could see a significant downside.
⚠️ Critical Note: The $ROBO claim portal is open until March 13. Expect some selling pressure from airdrop recipients. Keep your trades tight and don't forget to move your Stop Loss to entry once TP1 is hit!
What do you think? Is ROBO heading for a new ATH today? Let’s hear your predictions below! 👇
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