ROSE/USDT – Are New Targets on the Table After Strong Breakout?
$ROSE , 0.03667 initiated a bullish trend supported by strong volume, carrying it up to 0.04289. The sustainability above 0.03850 and the upward crossover of moving averages (MA7, MA25) indicate that the appetite on the buying side continues. Especially, the MACD indicator's continued stay in positive territory and volume increase suggest that the rise is technically supported.
As a short-term target, testing above 0.045 is possible. However, caution should be exercised at these levels for profit realization. A correction could occur if volume decreases or if the price falls below MA7.
ROSE is currently exhibiting a strong technical formation. It seems reasonable for those buying below 0.04120 to carry their position.
Today, after climbing to the level of 0.00001541 with an increase exceeding 13% from $PEPE , it entered a slight correction and is currently trading around 0.00001486. The volume indicates strong buying interest, hovering over 50 trillion PEPE and 700M USDT.
The price staying above the 7 and 25 period averages supports a short-term positive outlook. Additionally, the level of 0.00001368 has become a strong support, while the peak of 0.00001541 is being monitored as short-term resistance.
MACD: Signals a transition to the positive zone. Buying momentum is increasing. Volume: The increase in volume along with the rise indicates that the movement is healthy.
Short-Term Strategy: • Support: 0.00001430 – 0.00001368 • Resistance: 0.00001541 – 0.00001565 • Stop-loss: below 0.00001330 • Profit-taking target: if the upper level of 0.00001540 is broken, the band of 0.00001580 – 0.00001620 can be targeted.
PEPE can maintain its upward trend with a substantial breakout. However, due to high volatility, gradual selling and careful stop levels should be determined.
#Binance is listing Baby. There's little time left for it to hit the market, and it seems more promising compared to the coins listed recently.
Although the market has been declining following Trump's decisions, experts predict it will rise again. Coins that emerge during such times are often seen as risky. I don't think Baby looks that way, and I believe it will make a good start despite everything.
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