Market Overview for Oasis/Tether (ROSEUSDT) on 2025-11-06

• ROSEUSDT declined 4.2% over 24 hours amid fading momentum.
• Price tested and retested the 0.0179–0.0181 key cluster.
• High volume at 0.0182–0.0185 suggests possible near-term resistance.

ROSEUSDT opened at $0.01792 on 2025-11-05 at 12:00 ET, hit a high of $0.01854 before the 24-hour period, and closed at $0.018 at 12:00 ET on 2025-11-06. The pair traded within a $0.00076 range and saw a total volume of 87.5 million ROSE tokens, representing a turnover of $1,649,416. The price action reflects a bearish bias amid mixed on-chain activity.

Structure & Formations

The 15-minute chart reveals ROSEUSDT’s price consolidating between 0.0179 and 0.0181 in the early hours. A bullish engulfing pattern at 0.01802–0.01805 on 2025-11-05 at 23:45 ET briefly suggested a potential short-term reversal. However, a bearish harami formed after 0.01805 at 0.01806–0.01804, confirming downward pressure. Key support levels emerged at 0.01789 and 0.0176, while resistance remains at 0.01805–0.0182.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart cross over each other multiple times, indicating choppy conditions and no clear trend direction. However, the 50-period MA is currently above the 20-period MA at 0.01799, suggesting a slight bearish tilt. On the daily chart, the 50-period MA is below the 200-period MA, reinforcing a longer-term bearish bias.

MACD & RSI

The MACD line turned negative after midday, with the histogram contracting slightly, indicating weakening momentum. The signal line remains above zero for now but is approaching a cross below, which may signal a deeper correction. The RSI, though unavailable directly, can be inferred to have moved into oversold territory (around 28–32) after the 0.01765 close. This may suggest a potential bounce in the near term.

Bollinger Bands

ROSEUSDT has traded near the upper Bollinger Band between 0.01805 and 0.0183 on several occasions, particularly during the late evening hours. However, recent price action has pulled it closer to the lower band, with volatility expanding as the price pulls away from the mean. This suggests the market is testing the edge of its short-term volatility range.

Volume & Turnover

Volume spiked during a 15-minute period around 2025-11-05 at 23:30 ET (volume: 1.67 million), aligning with a move from 0.01824 to 0.01812. This may indicate significant liquidation activity from short-term traders. In contrast, the volume at 0.01802–0.01805 was lower, suggesting a lack of conviction in the attempted reversal.

Fibonacci Retracements

Applying a Fibonacci retracement to the 0.01837 high and 0.01765 low, ROSEUSDT closed near the 38.2% retracement level at 0.01799. A move below 0.01789 could see the pair test the 61.8% level at 0.01775, which has already been briefly touched.

Backtest Hypothesis

Given the recent price behavior and RSI signals inferred from the closing levels, a possible backtesting strategy would involve a mean-reversion approach. One could consider entering long positions when RSI dips below 30 and ROSEUSDT closes near the lower Bollinger Band. Alternatively, short entries may be triggered when RSI crosses above 70 and price tests the upper band. The 15-minute timeframe offers higher-frequency signals, though execution would need to account for the choppy conditions observed.