$ROSE Faces Rejection at $0.02389 — Short Trade in Play

ROSE/USDT hit a 24H peak of $0.02389 but failed to sustain the move, pulling back to $0.02298 before bouncing back to $0.02344. The price is showing signs of forming a lower high under key resistance.

Current Price: $0.02344

24H High / Low: $0.02389 / $0.02102

24H Volume: 109.64M ROSE

1H Chart Analysis: After the rejection candle at $0.02389, price created lower highs and had a weak bounce. The current recovery is near resistance, but lacks strong volume push.

Short Trade Plan:

Entry Zone: $0.02340 – $0.02360

Final Target: $0.02210

Stop Loss: $0.02395

Why This Setup Makes Sense: Rejection at the high, weak follow-through, and short-term bearish structure support a pullback scenario.

Risk Strategy: Take partials at $0.02250; reduce risk by trailing SL after break below $0.02300.

Take short Trade here on $ROSE