_Orient Walt ($ROSE) Poised for Upswing: Technical Analysis_
A bullish reversal pattern, known as the cup and handle formation, is unfolding in the $ROSE market. The cryptocurrency is currently consolidating near the handle, setting the stage for a potential breakout.
_A Key Breakout Level_
A decisive move above the cup resistance zone could trigger a robust upward trajectory. This would confirm the reversal pattern and potentially propel $ROSE toward higher price levels.
_Price Targets_
In the event of a breakout, the initial target (T1) is $0.23039, followed by secondary targets at $0.35560 (T2) and $0.46623 (T3).
_Entry and Risk Management_
To capitalize on this potential upswing, consider entering near $0.08086 during pullbacks. Implementing a stop-loss order below $0.05592 will help minimize potential losses. Gradually take profits at the specified target levels to optimize returns.
