$ROSE
/USDT Technical Analysis:🔥💯
Current Price: 0.08704 USDT (up 2.40% in the last 24 hours)
Market Trend: Bullish momentum observed, as price is trading above key support and previous lows.
RSI: Neutral, indicating potential for further upward movement or consolidation.
Support Level: 0.08042 (Low of 24h), key area to watch for potential price bounce.
Resistance Level: 0.08824 (High of 24h), important level for breakout confirmation.
Trade Signal: Buy (uptrend indicated by higher lows)
Target Levels (T1, T2, T3):
Target 1 (T1): 0.08864 (near-term resistance)
Target 2 (T2): 0.09000 (psychological resistance level)
Target 3 (T3): 0.09300 (next significant resistance area)
Trade Momentum:
Short-term trend: Bullish as momentum stays positive.
Caution: Watch for any rejection or reversal near the resistance level of 0.08824–0.08864. If the price pulls back towards 0.08000, monitor for renewed buying interest at this level.
Recommendation: A short-term buy position can be considered, aiming for T1 and higher. However, monitor support and resistance levels for potential price action shifts.