Oasis/Tether Market Overview: ROSEUSDT 24-Hour Analysis

Summary
• ROSEUSDT posted a bullish close after a strong rebound from intraday lows.
• Volatility and volume surged during the late night rally, confirming the upward shift.
• Key resistance at 0.0156–0.0157 was breached, suggesting further upside potential.

Oasis/Tether (ROSEUSDT) opened at 0.0152 on 2025-11-03 12:00 ET and reached a high of 0.01817 before the 24-hour window closed at 12:00 ET on 2025-11-04. The price closed at 0.01686, up 10.6% from the open. Total volume for the 24-hour period was 390,966,072.0 units, with a notional turnover of approximately $6,608,864 (calculated as volume × average price).

Structure & Formations

The 15-minute chart showed a strong reversal pattern starting at 2025-11-04 03:30 ET, where price broke above the prior resistance of 0.0157. A clear bullish engulfing pattern followed at 04:30 ET, confirming a shift in momentum. A subsequent higher high at 0.01817 was reached by 04:45 ET before consolidating. Notable support levels include 0.0168 (tested at 05:45 and 06:15 ET) and 0.0165, where the price has previously bounced.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs showed a bullish crossover around 04:30 ET, supporting the upward momentum. The daily chart saw the 50-period SMA at ~0.0162 and the 200-period SMA at ~0.0160, both indicating a longer-term bullish bias. Price is currently above both, reinforcing the short-term strength.

MACD & RSI

The MACD crossed above the signal line just before 04:00 ET, signaling increasing bullish momentum. The RSI surged to ~75, entering overbought territory, but remained elevated through much of the early trading session. This suggests strong buying pressure and could hint at a potential near-term correction or consolidation if the momentum fails to continue.

Bollinger Bands

Price action expanded significantly from 03:45 to 05:45 ET, with volatility increasing as the bands widened. During the key breakout phase, the price closed above the upper band, indicating strong bullish conviction. However, as of the 12:00 ET close, price has pulled back slightly, hovering near the upper band but maintaining a positive trajectory.

Volume & Turnover

Volume spiked dramatically from 03:30 to 05:45 ET, with the largest 15-minute volume recorded at 04:15 ET (17.8 million units). This aligns with the price break above key resistance and the formation of a strong bullish candle. The divergence between volume and price has been minimal, suggesting the rally has broad participation and is not driven by isolated liquidity pockets.

Fibonacci Retracements

On the 15-minute chart, the 61.8% level of the previous bearish leg (~0.0163) was tested and held. The current price near ~0.01686 sits slightly above the 100% extension level, suggesting a continuation of the bullish trend. On the daily chart, the 38.2% retracement level of the recent downward swing is at ~0.01645, which could act as dynamic support.

Backtest Hypothesis

The backtesting strategy under consideration is a RSI-based approach, using the 14-period RSI on daily closes, with “oversold” defined as RSI < 30. This is a common and well-validated method for identifying potential entry points in volatile crypto assets like ROSEUSDT. The exit rule is a fixed price target of 0.01739 USDT, which corresponds to a key resistance level previously tested during the 24-hour period. Once the confirmation of RSI settings and exit rules is received, the backtest will be executed using historical data from 2022-01-01 to 2025-11-04. The results will provide a quantitative assessment of the strategy’s viability for future trading decisions.

Looking ahead, ROSEUSDT appears to have cleared key resistance with strong volume and momentum, but elevated RSI and a pullback in the final hours suggest caution for near-term overbought conditions. Investors should watch the 0.01739 level as a potential short-term ceiling, with a risk caveat that a breakdown below 0.0168 could trigger a consolidation phase.