💎Paradisers, buckle up for an exhilarating ride with ROSEUSDT! Having successfully escaped a descending channel, the asset is currently back-testing that very trend line, laying the groundwork for a likely bullish upswing.
💎A few days back, ROSE sketched out a solid descending channel, making contact with the trend line on three separate occasions before finally breaking loose.
💎What sparked this breakout? Our scrutiny of the High Time Frame (HTF) weekly chart reveals a bullish weekly candle, indicative of potent buying momentum.
💎The volume profile is also showing fluctuations that align with the candle's range. This retest could serve as a golden trading opportunity.
💎However, if the ROSE's price dips beneath the trend line, brace yourselves for a substantial downward shift. In such a case, strategize your short entries carefully.
💎Stay one step ahead and trade with due diligence!
Trade closed: target reached
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Boom! #ROSE is doing just what we said. Up 72.06% and looking good!