Login / Join

Technical analysis by CryptoNuclear about Symbol ROSE: Buy recommendation (7/10/2025)

https://sahmeto.com/message/3622474
CryptoNuclear
CryptoNuclear
Rank: 29770
1.1
Buy،Technical،CryptoNuclear

📊 Pattern Analysis – Descending Triangle at the End of DowntrendROSE/USDT has been forming a descending triangle pattern since late December 2024. This pattern features:🔽 Downward sloping resistance: A descending trendline tested multiple times (5+ touches), showing strong validity.🔲 Horizontal support zone: Price has held firm between $0.02200 - $0.02400, acting as a key demand area since March 2025.Although descending triangles are often continuation patterns, in this context — appearing after a long-term downtrend — it increases the probability of a bullish reversal if the breakout confirms.🚀 Bullish Scenario – Potential for Strong ReboundIf ROSE breaks above the descending trendline:✅ Breakout Confirmation: Daily candle close above $0.02600 - $0.02800 with strong volume📈 Bullish Targets (based on previous resistance zones & pattern projection):$0.03140 – Minor resistance and former structure$0.03477 – Previous high from May 2025$0.04222 – February consolidation range$0.04700 – Key prior distribution zone$0.06191 – Primary target from triangle breakout (measured move)$0.08453 and above – Potential extended rally if strong momentum followsThe reward-to-risk ratio is highly favorable on confirmation of a breakout.🧨 Bearish Scenario – Breakdown Threat LoomsIf ROSE fails to break out and instead closes below the horizontal support at $0.02200:⚠️ This would signal a bearish continuation📉 Potential drop to:$0.01920 – The current multi-month low (key support level)Breakdown of this level would mark a new lower low, confirming ongoing bearish trendCaution is advised if volume increases during a breakdown.🔍 Technical Insights:Price is squeezing at the apex of the triangle — a breakout is imminentVolume is still relatively low, suggesting accumulation or indecisionA volume spike will likely precede a confirmed breakout moveMarket is at a decision point — either a trend reversal or continuation🧠 Conclusion:ROSE/USDT is on the edge of a major move. The descending triangle has matured, and a breakout in either direction could trigger a significant price reaction. Traders should monitor this setup closely as the breakout may occur within days.#ROSEUSDT #CryptoBreakout #DescendingTriangle #TechnicalAnalysis #AltcoinSetup #ChartPattern #CryptoTrading #BullishReversal #BearishScenario #PriceAction #BreakoutAlert

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.025994
Share
Signals
Top Traders
Feed
Alerts