🚀 $ROBO has dropped to a point of frustration! Yesterday it soared, today it plummeted, I’m stunned!
Yesterday I saw everyone sharing their gains with smiles, today I look at my account—oh my, ROBO has completely left me in shock! 😭
Those holding #robo spot positions, how are you doing? Anyway, I’m feeling frustrated...
📉 Come on, seasoned investors, let's discuss the current market situation:
The daily level 5-day line has crossed below the 20-day line, forming a dead cross! This is not a joke, the short-term trend is clearly weakening.
The MACD indicator's DIF line has crossed below the DEA, and the green bars are still expanding—bears are gaining strength, don’t stubbornly try to catch falling knives!
Looking at the RSI again, it’s hovering in a neutral to weak area with no signs of support for a rebound. The volume is also lacking, and any rebounds are being accompanied by low volume, with funds clearly flowing out.
High points are getting lower, moving averages are in a bearish formation, and there are plenty of trapped positions above—it's tough to expect a V-shaped recovery in the short term!
🤔 So the question arises: is it time to cut losses or hold on and suffer?
My view is: the technicals really don't look good, don't fantasize about an immediate takeoff in the short term. But if you believe in the long-term logic of the @Fabric Foundation in the AI sector, it's fine to accumulate in batches, just never go all in at once!
@FabricFND
Brothers, what’s your situation now? Have you cut losses or are you still holding? Let me see how many of you are squatting with me in the comments! 👇