$ROSE Single-day crash of nearly 20%, accompanied by massive trading volume, is a typical panic selling and long liquidation resonance. The position data suggests large-scale liquidations rather than a simple healthy correction. Price action has broken all short-term structures, with no clear support below.
🎯Direction: Short (NoPosition)
The current market sentiment is extremely fragile, and any rebound may encounter selling pressure. Bottom fishing is a contrarian move, with risks far outweighing potential rewards. Wait for the price to form a clear absorption pattern at low levels or for sideways consolidation to buy time, then assess the shift in bullish and bearish forces.
Trade here 👇 $ROSE
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【$ROSE Signal】Short position + volume breakout
$ROSE Single-day crash of nearly 20%, accompanied by massive trading volume, is a typical panic selling and long liquidation resonance. The position data suggests large-scale liquidations rather than a simple healthy correction. Price action has broken all short-term structures, with no clear support below.
🎯Direction: Short (NoPosition)
The current market sentiment is extremely fragile, and any rebound may encounter selling pressure. Bottom fishing is a contrarian move, with risks far outweighing potential rewards. Wait for the price to form a clear absorption pattern at low levels or for sideways consolidation to buy time, then assess the shift in bullish and bearish forces.
Trade here 👇 $ROSE
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Follow me: Get more real-time analysis and insights on the crypto market!
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