ROSEUSDT in the moment formation of the day formed a global reversal set-up, which failed, but formed a strong support base. The price is now breaking resistance and confirming the intent of the market.
After the formation of a strong reversal area, the price from the channel resistance forms a retest of the support area 0.05-0.04, after grabbing the liquidity cryptocurrency makes a retest of the resistance.
The price makes an attempt to break through global trend resistance and begins to form a bullish momentum.
The bulls have a chance to reverse the market.
Strong support: channel boundary, 0.072, 0.0685
Strong resistance: 0.0857.
I expect the continuation of growth after the price fixes above the broken line. My target is 0.1100.
After the formation of a strong reversal area, the price from the channel resistance forms a retest of the support area 0.05-0.04, after grabbing the liquidity cryptocurrency makes a retest of the resistance.
The price makes an attempt to break through global trend resistance and begins to form a bullish momentum.
The bulls have a chance to reverse the market.
Strong support: channel boundary, 0.072, 0.0685
Strong resistance: 0.0857.
I expect the continuation of growth after the price fixes above the broken line. My target is 0.1100.