Market Overview for Oasis/Tether (ROSEUSDT)

• ROSEUSDT surged ~1.7% over 24 hours, breaking key resistance at 0.0209.
• Volume spiked during early ET session, confirming bullish momentum.
• RSI edged into overbought territory, suggesting potential consolidation.
• Bollinger Bands show moderate expansion, indicating rising volatility.
• Strong close near 0.02133 suggests short-term bullish bias.

Oasis/Tether (ROSEUSDT) opened at 0.01982 on 2025-10-12 12:00 ET and closed at 0.02133 on 2025-10-13 12:00 ET, with a high of 0.02151 and a low of 0.01978. The 24-hour volume was approximately 71.6 million ROSE, with a total turnover of $1.50 million (based on closing prices).

Structures & Formations

ROSEUSDT formed a clear ascending triangle on the 15-minute chart, with resistance initially at 0.0209 and later broken during the afternoon ET session. A strong bullish engulfing pattern appeared at the key breakout moment around 19:45 ET, confirming a reversal from prior bearish sentiment. Key support levels at 0.0207–0.0205 held during pullbacks, and a doji at 0.02104 on the early morning ET hinted at indecision after the breakout. Price found temporary resistance at 0.02115, but volume confirmed the move beyond that level.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart show a bullish crossover, with price holding above both. The 20SMA crossed above the 50SMA (a “golden cross”) in the late evening ET session, reinforcing the bullish case. On the daily chart, ROSEUSDT closed above its 50-day SMA at ~0.0206, suggesting a re-entry into a short-term uptrend. The 200-day SMA at ~0.0201 serves as a critical long-term support level.

Bollinger Bands

Bollinger Bands began the session in a compressed state around 0.0205–0.0209, indicating low volatility. A sharp breakout to the upper band around 0.02151 occurred during the afternoon, breaking prior ranges and signaling increased volatility. Price remained above the 15-minute upper band for much of the session, a sign of strong directional momentum.

Volume & Turnover

Trading volume surged during the early ET hours, with over 9 million ROSE traded in a single 15-minute interval (04:30–04:45 ET). This coincided with a breakout above 0.0210 and aligned with the highest notional turnover of the session. Notably, volume during the consolidation period from 01:00–04:00 ET remained relatively low, suggesting a period of quiet accumulation. Divergence between price and volume was not observed during the rally, indicating strong conviction in the bullish move.

Fibonacci Retracements

Applying Fibonacci levels to the 15-minute swing from 0.02048 (19:45 ET) to 0.02151 (10:15 ET), key levels at 0.0208 (38.2%), 0.0210 (50%), and 0.0212 (61.8%) were clearly tested. Price bounced off the 50% level and continued to the 61.8% before retesting and confirming the breakout. On the daily chart, the 38.2% retracement of the prior week’s range sits near 0.0213, which ROSEUSDT closed just above.

Backtest Hypothesis

To further validate the bullish bias observed in the 15-minute breakout, a backtest using MACD and RSI indicators could be performed. A strategy could trigger long entries when the 12/26 MACD line crosses above the signal line and RSI exits oversold territory (below 30), with stop-loss and take-profit levels defined by Fibonacci retracements. Given the recent surge in volume and confirmation of key levels, a backtest from 2022 to 2025 could help assess the robustness of such a strategy. Confirming the accuracy of the ticker symbol (ROSEUSDT) is critical for retrieving MACD data and ensuring the integrity of the results.