đ ROSE Key Technical Levels (Short-Term)
Zone Price Level Significance
Immediate Support $0.105 â $0.11 Strong short-term support
Resistance 1 $0.12 Minor resistance
Resistance 2 $0.14 Major short-term target
Next Resistance $0.16 Higher target if breakout
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đ Indicators Overview:
RSI (Relative Strength Index): Neutral at around 50â55, showing no overbought condition yet.
MACD: Slight bullish crossover recently, but momentum is weak.
200 EMA (Daily): ROSE is trying to stay above it, indicating neutral-to-bullish bias.
Volume: Still low; a breakout above $0.12 needs higher volume for confidence.
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đ What Needs to Happen for $0.14 Target:
1. Break and Hold Above $0.12: This is the trigger point.
2. Volume Spike: To confirm strength; otherwise, false breakout risk.
3. Bitcoin Stability: BTC should stay stable or bullish for altcoins like ROSE to move.
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đ Risk Scenario:
Failure to hold $0.105â$0.11 could drag ROSE back toward $0.09.
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đ Strategy Suggestion (Not Financial Advice):
If ROSE breaks $0.12 with strong volume, short-term traders could target $0.135â$0.14.
If it rejects from $0.12, better to wait for retest near $0.105 support zone.
