$ROSE

/USDT Technical Analysis and Trade Signals 🚀 🎯

Technical Analysis

Current Price: 0.08345 USDT

Bollinger Bands:

Upper Band (Resistance): 0.08431 USDT

Middle Band (Support): 0.08191 USDT

Lower Band (Support): 0.07950 USDT

Parabolic SAR: 0.08070 (suggesting bullish momentum)

Key Support and Resistance Levels

Support Zone: 0.07950 – 0.08070 (Bollinger Lower Band + SAR)

Resistance Zone: 0.08431 (Bollinger Upper Band)

Target Levels 🎯

1. Target 1 (Bullish): 0.08500

If the price breaks above 0.08431 (Upper Band), a bullish momentum could push ROSE towards 0.08500. Monitor for confirmation with volume and SAR continuation above 0.08070.

2. Target 2 (Consolidation Range): 0.08250

If the price consolidates around the middle Bollinger Band (0.08191), this is a reasonable target for a short-term hold. A pullback here could signify continuation or consolidation.

3. Target 3 (Bearish Reversal): 0.07850

A drop below the lower Bollinger Band (0.07950) or SAR (0.08070) would indicate weakening bullish momentum and a potential move towards 0.07850.

Trade Momentum

Bullish Momentum: The price is holding above the middle Bollinger Band (0.08191) and the Parabolic SAR (0.08070) is indicating bullish sentiment. This suggests potential upward movement towards the upper band (0.08431) or above.

Bearish Momentum: A price drop below the middle band and the SAR would signal weakening bullish momentum. If the price breaks below the lower Bollinger Band (0.07950), the bearish trend may continue.

Trade Signal

Buy: If ROSE stays above 0.08191 (Middle Band), consider entering a long position with an initial target at 0.08431 (Resistance) or 0.08500 (Target 1).

Sell/Exit: If the price breaks below 0.07950 (Lower Band), consider taking profits or reversing the position with a target at 0.07850 (Target 3).

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