ROSE/USDT showing sign of strong bullish move?

1 Haz

💎 Ladies and Gentlemen of ParadiseClub! Keep your eyes on #ROSEUSDT as it shows promising signs of a bullish continuation from the demand zone, following a breakout from descending resistance.

💎 A closer look reveals that the Bollinger Bands are tightening, typically a precursor to a significant upward movement. Currently, the price of #ROSE suggests an increased likelihood of a bullish trajectory from the demand zone at $0.08980. Should it maintain this momentum above the EMA 100, we could see a strong bullish push towards the next supply area.

💎 The ascent is likely to begin once the price successfully overcomes the supply area and sustains its upward momentum. However, it's crucial to consider alternative scenarios: if ROSE cannot break the descending resistance and begins to fall, a bullish recovery from the lower support zone at $0.08003 might occur. Nevertheless, a fall below this level could undermine the bullish scenario, potentially leading to further declines.

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