ROSE - correction expected

ROSE has found support at the Yearly open I flagged as the lower zone in my last post.
While the overall market is still very weak I expect some correction from here
A good strategy now could be to buy dips below the yearly open, targeting the zones as marked,
or buying the a break above the Quarterly as marked

Trading below yearly open and 0.05 this will promise more downside.
TotalDefi chart is a mess due to LUNA, and suggests that if we lose the current trading range and support we could rapidly see another 50-70% mark down

Yorum:

First TP at 0.075 hit +42.5% in spot

Strong 4H engulf of the quarterly, some profit taken here.
See if ROSE can hold gains

Yorum:

If we can hold the 0.066 on the daily then we can target the 0.085
If we pierce the 0.08-0.85 range we can target the 0.10-0.12

Good time to take profits as I expect we see a retest of the lows after any such move, until we start making higher lows on TOTAL2 and TOTALDefi Weekly charts