ROSE/USDT Breaks $0.055 Resistance Level, Starts Bullish Wave 😱🔥🚀🚀🔔✅

The ROSE cryptocurrency, which is traded against Tether (USDT) on Binance, is heading towards a crucial technical level. After experiencing a prolonged downtrend that began in early 2022, the price is currently testing a strong descending resistance trendline that has been in place for over two years. As of September 2024, ROSE is trading at $0.0619, facing a pivotal moment as it approaches the trendline. 🩸🔥

In 2021, ROSE experienced a strong bullish movement, rising to a peak of $0.55 in January 2022. However, after this peak, the market experienced a rapid decline and the price continued to decline throughout 2022 and 2023. 🩸🔥

Despite several attempts to rise, the red bearish resistance line has remained a constant barrier. In mid-2023, the price settled near $0.0618, forming a potential support level. This support has been tested several times, and the price is currently fluctuating around this area again. $ROSE

However, a failure to break the trend line could lead to a retest of the lower support levels. If the $0.05 level fails to hold as support, the price could fall to the next support area around $0.03-0.04, which has historically provided a floor for the market. 🩸🔥✴️

✴️ This is not investment advice ✴️