$ROSE

🚀 Technical Analysis for ROSE/USDT – 6th January 2025 🚀

📊 Current Price: 0.09243 USDT

📈 24h Price Change: +4.01%

As we continue to monitor the ROSE/USDT pair, several key levels are coming into focus. Here’s a quick breakdown of the current chart action and three target levels to watch closely.

🔍 Key Levels to Watch:

Support Level (0.08755 USDT)

The 24-hour low of 0.08755 USDT remains a critical support level. If the price retraces here, it may find buying interest before potentially moving higher. Watch for a confirmation of a bounce if prices approach this level.

Resistance Level 1 (0.09342 USDT)

The current 24-hour high of 0.09342 USDT is acting as immediate resistance. If the price breaks through this level, we could see a stronger move to the upside, potentially reaching higher targets.

Target Level 1 (0.09500 USDT)

As ROSE pushes past the 0.09342 resistance, we may see the price targeting 0.09500 USDT. A clean breakout above this level could signal a continuation of the bullish trend.

Target Level 2 (0.09750 USDT)

With upward momentum building, the next key resistance zone to watch is 0.09750 USDT. A break above this level could lead to a more sustained bullish run toward higher levels in the coming days.

Target Level 3 (0.10000 USDT)

The psychological resistance of 0.10000 USDT is a key milestone for ROSE. A significant move above this price point could signal further gains, attracting both retail and institutional buyers.

⚙️ Technical Indicators:

MA(5): 1.8M

MA(10): 1.4M

Volume (24h): 85.34M ROSE

💡 Conclusion:

ROSE/USDT is in a bullish consolidation phase, and breaking through the resistance at 0.09342 USDT could open up significant upside potential. Keep an eye on the support at 0.08755 USDT for any potential pullbacks.

Happy trading! 🚀