$ROSE Liquidation Drama Unfolds.

A massive $3.8495K liquidation just hit the market as plunged to $0.08202, shaking out long traders.

Here’s what happened:

Long Liquidation Explained: When the price of an asset falls below the margin threshold of leveraged long positions, traders are forced to sell, causing liquidation. This often creates downward pressure on the price, leading to more liquidations if support levels break.

Key Levels to Watch:

Support Zone: $0.080 - $0.082

Resistance Zone: $0.090 - $0.093

Potential Recovery Plan:

1. Buy Zone: If $ROSE holds above $0.080, we could see accumulation.

2. Target Levels: Look for $0.088 and $0.092 as potential breakout targets.

3. Stop-Loss: Below $0.079 to manage risk.

Market Reaction: The event has triggered panic selling, but for savvy traders, this could be a golden opportunity to ride the next wave.

Will $ROSE recover, or is this just the beginning of a deeper dip? Stay tuned for updates.

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