$ROSE
/USDT Technical Analysis and Trade Signals 🎯
Current Price: $0.13432
24h High: $0.13910
24h Low: $0.10500
Bollinger Bands (20, 2):
Upper Band: $0.13961
Middle Band: $0.13074
Lower Band: $0.12187
Parabolic SAR: $0.12812
Trend Analysis:
Bullish Momentum: The price is currently moving upwards with a 9.47% increase over the last 24 hours, showing strong bullish sentiment.
Resistance: The key resistance is near the upper Bollinger Band at $0.13961.
Trade Strategy with Target Levels
Bullish Scenario (Breakout Above Resistance)
Entry: If ROSE/USDT breaks above $0.13910, look for a clean close above this level (preferably in a 15-minute or hourly candle).
Target 🎯 1: $0.14500 – This is a potential next resistance level above $0.13910.
Target 🎯 2: $0.15000 – If the momentum continues, this level could act as a psychological resistance.
Target 🎯 3: $0.15500 – A more extended target based on the continuation of the bullish trend.
Stop Loss: Set a stop loss near the Parabolic SAR ($0.12812) or below the middle Bollinger Band ($0.13074), depending on your risk tolerance. A good range would be $0.13000 - $0.13200 to minimize risk in case of a reversal.
Bearish Scenario (Rejection at Resistance)
Entry: If the price fails to break above $0.13910 and starts to retrace, wait for a confirmation of rejection (such as a candle close below $0.13700).
Target 🎯 1: $0.13000 – A pullback to the middle Bollinger Band.
Target 🎯 2: $0.12812 – Parabolic SAR can act as the next support level.
Target 🎯 3: $0.12187 – The lower Bollinger Band may act as the final support in case of a deeper retracement.
Stop Loss: Set a stop loss just above the resistance level at $0.14000 - $0.14100.
Range-Bound Scenario
If the price remains within the range defined by the Bollinger Bands ($0.12187 - $0.13961), consider playing both sides of the range with small trades.
Buy at the lower band around $0.12187.
Sell near the upper band around $0.13961.