📈 ROSE/USDT — Bullish Breakout Setup (Daily Chart)
🟢 Market Structure:
ROSE has been in a multi-month consolidation since March.
Recently broke out of a descending trendline resistance, confirming a structural shift.
The breakout is supported by strong bullish volume, validating the move.
📊 Indicators:
RSI (14) is above 50 (currently ~64), indicating bullish momentum without being overbought.
Price is above the 50-day EMA (0.02676) — a key bullish signal confirming trend reversal.
🔍 Trade Setup:
Entry: 0.3112 (post-breakout confirmation above resistance)
Stop Loss: 0.3034 (below local support)
Take Profit:
• TP1: 0.3323 (5.6% gain)
• TP2: 0.3350 (7% gain)
Risk-Reward Ratio: 2.5 R/R — solid and favorable setup
📌 Notes:
Potential for a retest of the broken trendline or horizontal resistance before continuation.
Volume surge on breakout candle adds confidence.
Clean price action with defined risk levels — ideal for structured long positioning.
🟢 Market Structure:
ROSE has been in a multi-month consolidation since March.
Recently broke out of a descending trendline resistance, confirming a structural shift.
The breakout is supported by strong bullish volume, validating the move.
📊 Indicators:
RSI (14) is above 50 (currently ~64), indicating bullish momentum without being overbought.
Price is above the 50-day EMA (0.02676) — a key bullish signal confirming trend reversal.
🔍 Trade Setup:
Entry: 0.3112 (post-breakout confirmation above resistance)
Stop Loss: 0.3034 (below local support)
Take Profit:
• TP1: 0.3323 (5.6% gain)
• TP2: 0.3350 (7% gain)
Risk-Reward Ratio: 2.5 R/R — solid and favorable setup
📌 Notes:
Potential for a retest of the broken trendline or horizontal resistance before continuation.
Volume surge on breakout candle adds confidence.
Clean price action with defined risk levels — ideal for structured long positioning.
Nota
Check out my X profile for further TA. @comandoroll 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.