Trade setup 🎯
$ROSE Entry Zone:0.01230 – 0.01260
Targets
TP1: 0.01325
TP2: 0.01400
TP3: 0.01520
Stop-Loss:0.01170
Analysis
$ROSE has experienced a sharp impulsive move upward, characterized by several large green candles on the 1-hour timeframe. This vertical expansion suggests strong buyer interest. The price is currently trading well above its MA(7) and MA(25), indicating that the short-term trend is firmly bullish.
The volume profile shows a massive spike alongside the price increase, which confirms the strength of the move. While there is a small wick at the top ($0.01324), the current consolidation above $0.01260 indicates that the market is absorbing the selling pressure before the next leg up.
Outlook
As long as the price holds above the 0.01170 level (the violet MA line), the bullish structure remains intact. A sustained break and candle close above the recent high of 0.01324 would likely trigger a rapid continuation toward the $0.01400 - $0.01500 region. A loss of the $0.01100 support would invalidate this bullish setup.
$ROSE #BinanceAlphaAlert #analysis