ROSE / TetherUSLong
ROSEUSDT Bullish Surge or a Risky Rejection? Key Levels Area!
Yello, Paradisers! Could #ROSEUSDT be on the brink of a major breakout or facing a critical setback? Here's the breakdown:
💎#ROSE has formed a three white soldiers pattern, a classic and powerful bullish indicator. If it successfully breaks out of the descending channel, we could see the price push upward to the key resistance level, confirming a potential Cup and Handle formation. Should ROSE break this resistance, it would solidify the bullish case, with a significant move toward the supply zone as the target.
💎However, if ROSE gets rejected at the descending channel resistance, we might witness the price testing the support zone between $0.066 and $0.062. A rebound from this area would set the stage for another attempt at breaking out of the descending channel.
💎The situation turns concerning if ROSE fails to rebound from the support and breaks down further. This could lead the price to revisit the demand area or even test the major support zone between $0.0524 and $0.049. A rebound from this level and a reclaim of the $0.06 support would be crucial for maintaining the bullish scenario. Conversely, if ROSE breaks below this major support with a daily close under it, it would confirm a bearish shift, potentially pushing the price into a deeper dip.
Consistency is key, Paradisers! Focus on strategic planning, disciplined trading, and the highest probability setups to stay ahead. Keep your eyes on these critical levels and trade smart!
MyCryptoParadise
iFeel the success🌴
💎#ROSE has formed a three white soldiers pattern, a classic and powerful bullish indicator. If it successfully breaks out of the descending channel, we could see the price push upward to the key resistance level, confirming a potential Cup and Handle formation. Should ROSE break this resistance, it would solidify the bullish case, with a significant move toward the supply zone as the target.
💎However, if ROSE gets rejected at the descending channel resistance, we might witness the price testing the support zone between $0.066 and $0.062. A rebound from this area would set the stage for another attempt at breaking out of the descending channel.
💎The situation turns concerning if ROSE fails to rebound from the support and breaks down further. This could lead the price to revisit the demand area or even test the major support zone between $0.0524 and $0.049. A rebound from this level and a reclaim of the $0.06 support would be crucial for maintaining the bullish scenario. Conversely, if ROSE breaks below this major support with a daily close under it, it would confirm a bearish shift, potentially pushing the price into a deeper dip.
Consistency is key, Paradisers! Focus on strategic planning, disciplined trading, and the highest probability setups to stay ahead. Keep your eyes on these critical levels and trade smart!
MyCryptoParadise
iFeel the success🌴
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Follow a team of traders with 10+ years of experience?
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🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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