ROSE/USDT is currently showing signs of recovery after reaching a low at 0.07864, with the price breaking above the moving averages (MA7, MA25, and MA99). Here are a few possible next movements:
1. Bullish Scenario:
If the price sustains above the MA99 (purple line), it could aim for the recent resistance near 0.09071 and possibly retest the peak at 0.09630.
Positive volume or momentum indicators can further confirm this upward trend.
2. Bearish Scenario:
If the price fails to hold above MA99, it might retest support near 0.08246 (MA25) or even revisit the recent low of 0.07864.
3. Sideways/Consolidation:
The price may move sideways if there’s a lack of volume or volatility, forming a tighter range between 0.08472 (MA7) and 0.09071.
For better analysis, combine this with RSI, MACD, or other momentum indicators to confirm the direction.