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Summary
• Price surged from $0.01013 to $0.01103, forming bullish continuation patterns with strong momentum.
• RSI hit overbought territory, signaling potential near-term pullback or consolidation.
• Volatility expanded as Bollinger Bands widened, with price closing near the upper band.
• Volume increased significantly during late ET hours, confirming strength in higher highs.
• Key Fibonacci retracement levels at 0.01065–0.0107 may offer initial support if the trend pauses.
Oasis/Tether (ROSEUSDT) opened at $0.01013 on 12:00 ET–1 and closed at $0.01103 by 12:00 ET, reaching a high of $0.01103 and a low of $0.01013. Total volume traded was 31,323,945.1 units, with a notional turnover of $340,793.20.
The 20-period EMA on the 5-minute chart is well above the 50-period, reinforcing a bullish bias. RSI has surged into overbought territory (above 70), suggesting a potential pause or correction. MACD remains positive with a strong histogram, indicating continued upward momentum, though caution is warranted as overbought levels often precede pullbacks.
Looking ahead,
appears poised to test new all-time highs if it maintains above $0.01065 and the RSI remains elevated. However, a pullback into key Fibonacci levels could offer buying opportunities. Investors should be cautious of potential overbought corrections and keep an eye on volume for signs of waning momentum.Decoding market patterns and unlocking profitable trading strategies in the crypto space

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