ROSE/USDT Descending Triangle Breakout – Trend Reversal

π Pattern Analysis – Descending Triangle at the End of Downtrend
ROSE/USDT has been forming a descending triangle pattern since late December 2024. This pattern features:
π½ Downward sloping resistance: A descending trendline tested multiple times (5+ touches), showing strong validity.
π² Horizontal support zone: Price has held firm between $0.02200 - $0.02400, acting as a key demand area since March 2025.
Although descending triangles are often continuation patterns, in this context — appearing after a long-term downtrend — it increases the probability of a bullish reversal if the breakout confirms.
π Bullish Scenario – Potential for Strong Rebound
If ROSE breaks above the descending trendline:
✅ Breakout Confirmation: Daily candle close above $0.02600 - $0.02800 with strong volume
π Bullish Targets (based on previous resistance zones & pattern projection):
$0.03140 – Minor resistance and former structure
$0.03477 – Previous high from May 2025
$0.04222 – February consolidation range
$0.04700 – Key prior distribution zone
$0.06191 – Primary target from triangle breakout (measured move)
$0.08453 and above – Potential extended rally if strong momentum follows
The reward-to-risk ratio is highly favorable on confirmation of a breakout.
𧨠Bearish Scenario – Breakdown Threat Looms
If ROSE fails to break out and instead closes below the horizontal support at $0.02200:
⚠️ This would signal a bearish continuation
π Potential drop to:
$0.01920 – The current multi-month low (key support level)
Breakdown of this level would mark a new lower low, confirming ongoing bearish trend
Caution is advised if volume increases during a breakdown.
π Technical Insights:
Price is squeezing at the apex of the triangle — a breakout is imminent
Volume is still relatively low, suggesting accumulation or indecision
A volume spike will likely precede a confirmed breakout move
Market is at a decision point — either a trend reversal or continuation
π§ Conclusion:
ROSE/USDT is on the edge of a major move. The descending triangle has matured, and a breakout in either direction could trigger a significant price reaction. Traders should monitor this setup closely as the breakout may occur within days.
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source https://www.tradingview.com/chart/ROSEUSDT/qCZQcdE8-ROSE-USDT-Descending-Triangle-Breakout-Trend-Reversal/
source https://www.cryptomadden.com/2025/07/roseusdt-descending-triangle-breakout.html
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