ROSE - Worth a Shot

In early 2023, ROSE price action token has shown signs of a corrective pattern, following an ABC structure. In this scenario, it's plausible that wave C, the final phase of this corrective movement, is nearing its completion.

If the historical low point around 0.0333 maintains its position, we have a potential trade with huge risk-to-reward ratio.

With this in mind, my approach is to place a smaller order around 0.037 and watch how the price reacts. The relatively minor impact of a stop loss in this context is in line with my risk tolerance.