$ROSE Layer 1/Layer 2 Breakout on 3D Chart: Targets Ahead! ๐
On the 3-day timeframe, $ROSE currently at $0.03035 has broken above a significant downtrend line, indicating a potential long-term reversal! The RSI on this timeframe is starting to climb, supporting the breakout.
โ Key Observation:
#ROSE has broken a multi-week downtrend on the 3-day chart, suggesting a shift in momentum.
next Next Potential targets:
๐ฏ $0.03595 (previous local high - initial resistance)
๐ฏ $0.04000 (potential next resistance level)
๐ฏ $0.04748 (further potential resistance based on previous price action)
๐ฏ $0.07162 (significant mid-term resistance level)
๐ก๏ธImportant Support Level (to watch for potential pullback):
๐ก๏ธ $0.02800 (potential near-term support - recent consolidation area)
๐ **Potential Price Path in the Coming Weeks/Months:**
#ROSE breakout on the 3-day timeframe suggests a potential long-term bullish reversal. The immediate target is the $0.03595 level. A sustained move above this could pave the way for further gains towards $0.04000 and then $0.04748. The $0.07162 level represents a significant mid-term resistance. However, it's important to note that breakouts on higher timeframes can take time to develop, and there may be periods of consolidation or minor pullbacks along the way. Monitor the RSI for continued upward momentum and volume for confirmation of buying interest.
Buy and trade here on $ROSE