Market Overview for Oasis/Tether (ROSEUSDT): Volatile 24-Hour Move with Short-Term Bounce Potential

Summary
• Price dropped sharply from 0.01075 to 0.00984 before consolidating, forming bearish momentum.
• A bullish recovery emerged post 04:00 ET, with volume confirming the rebound.
• RSI hit oversold territory below 30, suggesting a potential short-term bounce.
• Bollinger Bands show reduced volatility in the final hours, indicating sideways trading.
• Fibonacci retracement levels at 0.01024 and 0.01036 acted as key supports and resistances.

Oasis/Tether (ROSEUSDT) opened at 0.01072 on 2025-12-18 at 12:00 ET, reached a high of 0.01075, a low of 0.00984, and closed at 0.01026 on 2025-12-19 at 12:00 ET. Total volume was 97.9 million, with notional turnover amounting to $9.96 million.

Structure and Candlestick Patterns

Price action over the 24-hour period showed a sharp bearish move from 0.01075 to 0.00984 between 17:15 ET and 20:00 ET, with bearish engulfing patterns confirming the breakdown. A reversal began after 04:00 ET, marked by a bullish inside bar and a retest of the 0.01024 Fibonacci support.

Technical Indicators

The 20-period and 50-period moving averages on the 5-minute chart were both bearish throughout most of the session, but the 50-period line crossed below the 20-period line in the final hours, hinting at a potential near-term bottom. RSI hit 29 at 20:00 ET before bouncing back to 48 by the close, suggesting a short-term oversold rebound. MACD turned positive in the final hours, reinforcing the bullish bias.

Bollinger Bands showed contraction in the last 6 hours, indicating low volatility and potential for a breakout. Price remained near the lower band until 05:00 ET, then moved toward the middle band, suggesting a return to equilibrium.

Volume and Turnover Analysis

Volume surged during the breakdown phase, peaking at 9.5 million around 17:30 ET, confirming bearish conviction. The bullish recovery from 04:00 ET was supported by rising volume, particularly after 08:30 ET, when the price retested 0.01024. Notional turnover peaked at $325,000 during this rebound phase.

Key Resistance and Support Levels

Key Fibonacci support levels at 0.01024 and 0.01015 were tested during the consolidation phase, while resistance at 0.01036 and 0.01043 faced early rejection. The 0.01072 open price marked a potential near-term resistance, which could face pressure if momentum continues.

Looking ahead, a close above 0.01043 could signal renewed bullish momentum, but traders should remain cautious of potential bearish retracements if volume fails to confirm the move. Overbought conditions remain a risk if the rally extends beyond 0.0105.