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.
Critical levels:
• Support: 0.04000 – 0.03850
• Resistance: 0.04350 – 0.04580
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.
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