Technical analysis by PontusTrader about Symbol ROSE: Buy recommendation (1/12/2024)

This coin is about to fly.This 4hr FVG gap presents a very great risk/reward setup and likely the last chance to accumulate a position before it rips to the upside.You also have a fractal here - another FVG on the weekly that looks identical to the 4hr.Gents, target is the weekly FVG above, 19 to 21 cents. I'm not saying price will reverse there, it might retrace a little lower but likely it will consolidate before sending higher. Don't sell in that FVG, just take some profit off cause that bearish FVG will not hold. Here is a better chart with targets. You have a 50-70% upside target.