Are you sure it’s will reach 0.13500 please let me know

$ROSE

/USDT Technical Analysis and Trade Strategy

Technical Analysis

Current Price: $0.12644

24h High: $0.12885

24h Low: $0.10018

Bollinger Bands (20, 2):

Upper Band: $0.13061

Middle Band: $0.11442

Lower Band: $0.09823

Parabolic SAR: $0.11738 (bullish support)

Trend Overview:
The price is currently in an upward trend, having gained 19.34% over the past 24 hours. The price is near the upper Bollinger Band, suggesting potential resistance around $0.13061. If the price stays above the SAR level of $0.11738, it may continue to rise.

Trade Setup and Strategy

1. Entry Point:

Buy at $0.12000 (around the middle of the Bollinger Bands, with solid support at the Parabolic SAR).

Stop Loss: $0.11500 (below the Parabolic SAR for safety).

2. Target Levels (Key Targets 🎯):

Target 1 🎯: $0.12800 (approaching the upper Bollinger Band and previous 24h high).

Target 2 🎯: $0.13050 (potential breakout level, near the upper Bollinger Band).

Target 3 🎯: $0.13500 (psychological resistance and possible continuation in case of further bullish momentum).

Trade Execution

Long Position: Enter at $0.12000, aiming to ride the potential price action toward the targets.

Risk Management: Tight stop loss at $0.11500, ensuring the position is protected if the trend reverses.

Scenario 1 (Bullish):

If the price breaks through the $0.12885 resistance and holds above, it may reach the $0.13061 level, then possibly continue toward $0.13500.

Scenario 2 (Bearish Reversal):

If the price drops below the SAR support ($0.11738) and the Bollinger Bands' middle band ($0.11442), it may indicate a reversal, and you may need to exit or consider shorting.