$ROSE $ROSE The $ROSE /USDT pair has been on a strong uptrend over the past few days, with the price currently trading near the 0.07859 level. The bullish momentum is evident from the upward sloping Bollinger Bands and the positive MACD.
Support and Resistance
Support: The immediate support level for ROSE is around 0.06669. A break below this level could signal a potential reversal of the current trend.
Resistance: The immediate resistance level for ROSE is around 0.08299. A break above this level could lead to further upside, potentially towards the next resistance at 0.09000.
Entry Signal
Based on the current chart pattern, a bullish entry signal can be considered if the following conditions are met:
Breakout above resistance: The price breaks above the 0.08299 resistance level with strong volume.
Confirmation: The price retraces back to the 0.08299 level and holds as support.
Risk Management
As with any trade, it is important to manage risk. A stop-loss order should be placed below the 0.06669 support level to limit potential losses.#MicrosoftBitcoinRejection #DogeArmyComeBack #EthereumRally #SOLFutureRise #Write2Earn!