ROSE/USDT – Are New Targets on the Table After a Strong Break?
$ROSE , 0.03667 initiated its upward trend, supported by strong volume, reaching 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. Particularly, the MACD indicator's continued stay in the positive region and the increase in volume 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 may occur if volume decreases or if the price drops below MA7.
ROSE is currently exhibiting a strong technical formation. It seems reasonable for those who bought below 0.04120 to carry their position.
Today, after climbing to the level of 0.00001541 with an increase exceeding 13%, this $PEPE has entered a slight correction and is currently trading around 0.00001486. The volume indicates strong buying interest, with 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: Signaling a transition to the positive zone. Buying momentum is increasing. Volume: The increase in volume alongside 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 broken above 0.00001540, the band of 0.00001580 – 0.00001620 can be targeted.
PEPE can maintain its upward trend with a significant breakout. However, due to high volatility, it is essential to establish gradual selling and a careful stop level.
#Binance is listing Baby. It has little time left until its release and looks more promising compared to the coins listed recently.
Although the market has been trending downward after Trump's decisions, experts predict it will rise again. Coins that come out during such times are generally seen as risky. However, I don't think Baby looks that way and I believe it will make a good start despite everything.
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