Source: ROSE/USDT on TradingView
Sellers could sell if ROSE fails to close above $0.08047 and buy back at one of the August support levels of $0.07752 or the previous bearish order block of $0.07206. Although the RSI was bullish, it has been making lower lows as price made higher highs, thus painting a hidden divergence. In addition, the RSI hit an overbought zone, lending credence to a likely price reversal.
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