ROSE Technical Analysis in a 3️⃣Day Timeframe

$ROSE has been in a bearish trend since March 2024. The price has nearly reached the support range between $0.04305 and $0.05452.

With the current price of $0.06, ROSE will likely test the 21 EMA resistance. A rejection could pull the price toward the support range, followed by a strong rebound.

The RSI is in the oversold range, and a bullish rally can be expected if the market favors the bulls.

Key levels:

Support/Accumulation: $0.04305 to $0.05452.

Primary Resistance: 21 EMA.

- Long-term Target: $0.23.

DYOR, NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you'd like to see!

Thank you!

#ROSE_USDT #CryptoMarketMoves