Market Overview for Oasis/Tether (ROSEUSDT) – October 17, 2025

• Oasis/Tether (ROSEUSDT) declined over the 24-hour period, ending near session lows with bearish momentum intensifying.
• A key support level formed near 0.0179–0.0181, with a sharp pullback observed in the last 6 hours.
• Volatility increased mid-day, with volume surging on the breakdown below 0.0185.
• Price action suggests a potential short-term continuation lower unless a strong reversal candle forms above 0.0185.

Oasis/Tether (ROSEUSDT) opened at $0.01886 (12:00 ET–1) and traded to a high of $0.01893 before closing at $0.01753 by 12:00 ET. The 24-hour range was $0.01734 to $0.01893. Total volume amounted to 100,765,534.95 units, with notional turnover reaching approximately $1,802,912.00.

The 15-minute chart shows a breakdown pattern from the mid-day high, with key support levels forming between 0.0179 and 0.0181. A doji formed around 0.01805 on late-evening trading, hinting at potential short-term indecision. The price has been moving below both the 20-period and 50-period moving averages, reinforcing a bearish bias. Momentum appears to have accelerated in the last 6 hours, with a sharp drop below 0.0185 marking a key pivot point.

Bollinger Bands have widened in the last 12 hours, signaling increased volatility. Price has been trading near the lower band, indicating oversold pressure. Fibonacci retracements from the recent high at 0.01893 align with key support levels at 0.0181 (38.2%) and 0.0174 (61.8%). These levels may serve as potential re-entry points for short-term traders. Volume surged on the breakdown below 0.0185, confirming the move lower.

MACD and RSI indicators both signal bearish momentum, with RSI hovering near the 40–50 range, suggesting moderate oversold conditions but no strong reversal signal yet. MACD lines have crossed below the signal line, reinforcing the bearish trend. However, divergence between price and RSI may hint at potential short-term countertrend bounces if the next 24 hours see a retest of 0.0181–0.0185.

Backtest Hypothesis

A backtesting strategy based on RSI-14 could be applied to ROSEUSDT to evaluate the effectiveness of buying when RSI falls below 30 (oversold) and exiting when it rises above 50 (neutral). However, due to the internal error encountered when attempting to fetch RSI data, a manual or alternate method is required. For instance, using a public API to fetch OHLCV data, calculating RSI locally, and identifying the key oversold events would allow for a precise backtest. Alternatively, if users can provide a CSV/JSON of past RSI-14 values or oversold signals, the analysis can proceed seamlessly. This approach could help validate whether bearish breakouts, such as the one below 0.0185, were preceded by RSI oversold readings and whether a countertrend bounce was possible.

Oasis/Tether may continue to test its recent support at 0.0174–0.0179 over the next 24 hours, with bearish momentum likely to persist unless a strong bullish reversal forms near key Fibonacci levels. Traders should remain cautious of further downside, particularly if volume remains strong and RSI remains in oversold territory without a clear rebound. A break above 0.0185 could signal a shift in sentiment, but this is unlikely without a significant catalyst.