$ROSE fell a lot,
doesn’t mean you should buy right away! ⚠️
ROSE’s current price is about 0.00845, and over the past 24H it’s already down -6.44%. It’s been pushed down from 0.00925, and it’s now very close to the 24H low of 0.008324.
The issue is:
📉 Price keeps going lower
📉 The current 4H active sell orders still have the advantage
📉 OI hasn’t shown any particularly obvious large-scale liquidation
So for now, I still won’t define this as the end of a “panic selloff.”
🟢 First support: 0.008324—0.008304
If this breaks again, the structure will keep weakening.
For the rebound, watch:
🎯 0.00857—0.00866
Only after that, consider:
🎯 0.00871—0.00881
For a real turnaround to strength, at least reclaim:
🔥 around 0.00908
So my stance on ROSE right now is:
You can observe from the sidelines, but don’t take the first shot.
At minimum, let me see that around 0.0083 it can’t be pushed down further, and that it recovers back to 0.0086.
Otherwise, in a downtrend like this,
“cheap” can always get cheaper.😂
doesn’t mean you should buy right away! ⚠️
ROSE’s current price is about 0.00845, and over the past 24H it’s already down -6.44%. It’s been pushed down from 0.00925, and it’s now very close to the 24H low of 0.008324.
The issue is:
📉 Price keeps going lower
📉 The current 4H active sell orders still have the advantage
📉 OI hasn’t shown any particularly obvious large-scale liquidation
So for now, I still won’t define this as the end of a “panic selloff.”
🟢 First support: 0.008324—0.008304
If this breaks again, the structure will keep weakening.
For the rebound, watch:
🎯 0.00857—0.00866
Only after that, consider:
🎯 0.00871—0.00881
For a real turnaround to strength, at least reclaim:
🔥 around 0.00908
So my stance on ROSE right now is:
You can observe from the sidelines, but don’t take the first shot.
At minimum, let me see that around 0.0083 it can’t be pushed down further, and that it recovers back to 0.0086.
Otherwise, in a downtrend like this,
“cheap” can always get cheaper.😂