Hello Radar Fam! AltcoinRadarID is back with a deep dive into one of the most promising privacy-preserving and AI infrastructure projects: Oasis Network (ROSE).
Is ROSE preparing for a massive rebound, or is this just a consolidation trap? Based on our multi-timeframe technical analysis, the charts are telling a very specific story. Let’s break it down!
🔍 Macro Perspective: Bottoming Phase on the Daily (1D) Chart
Looking at the daily chart, ROSE is currently trading at $0.01190. While the long-term trend remains cautious as the price stays below the MA(100) (0.01582) and MA(200) (0,02137), there are significant bullish signals emerging.
The MACD is showing a clear accumulation pattern with a positive histogram (green bars) and a potential Golden Cross of the DIF and DEA lines. With the RSI sitting at a neutral 50.1, the market isn't overbought, leaving plenty of "fuel" for a potential upward move once volume kicks in.
📉 Short-Term Squeeze: 4H & 1H Analysis
On the 4-hour timeframe, we see a tight consolidation. The price is currently sandwiched between short-term Moving Averages but is finding critical support above the MA(100) (0.01152) and MA(200) (0.01146). As long as
$ROSE holds above this $0.0114 zone, the bullish reversal structure remains intact.
On the 1-hour chart, we observed a local bottom at $0.01167 followed by a steady recovery. A decisive breakout above $0.01214 (the 1H MA 200) would serve as the first confirmation that the short-term trend has officially shifted to the upside.
🎯 Strategic Trading Plan
For the AltcoinRadarID community, here are the key levels to watch:
Entry Zone:
Aggressive: Accumulate in the current range of $0.0116 – $0.0119.
Conservative: Wait for a daily candle close above $0.0122 to confirm strength.
Take Profit (TP) Targets:
Target 1 (0.01252): Nearest horizontal resistance and recent swing high.
Target 2 (0.01305): Mid-term recovery target and previous rejection zone.
Target 3 (0.01389): Major daily resistance and a key Fibonacci level.
Risk Management (Stop Loss):
Set a tight Stop Loss below $0.01140. A close below this level would invalidate the bullish setup and could lead to a retest of the $0.010 support.
💡 Final Thoughts: "Patience Pays Off"
ROSE is currently building a solid foundation. While we haven't seen a massive vertical move yet, the MACD divergence suggests that selling pressure is exhausting. Be mindful of market volatility early this week—keep your leverage low and your discipline high.
Stay sharp, stick to the plan, and always DYOR!
What’s your take, Radar Fam? Will ROSE hit $0.013 this week? Let us know in the comments!
#AltcoinRadarID #ROSE #OasisNetwork #CryptoAnalysis #BinanceSquare