$ROSE /USDT ā Recovery Setup Alert! š
$ROSE has witnessed a sharp decline to $0.08815, down 5.47% in the last 24 hours. However, it's approaching a strong support zone, signaling potential for a bullish reversal.
Key Levels to Monitor:
Resistance Zone: $0.09715 ā A breakout here could trigger significant upward momentum.
Support Zone: $0.08750 ā A critical level to watch for price stabilization and accumulation.
Ideal Entry Zone: $0.08750ā$0.08950 ā Position now for a potential recovery.
Targets:
First Target: $0.09500
Second Target: $0.10000
Stop-Loss: $0.08550 ā Limit downside risk with a tight stop-loss.
Market Insights:
Volume Trends: A surge in trading volume at this level could confirm a reversal.
Momentum Analysis: The RSI is approaching oversold territory, suggesting a potential bounce.
Action Plan:
Watch for a confirmed breakout above $0.09715 to ride the next wave.
Consider partial profit-taking at $0.09500 while holding for higher targets.
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