HomeNews锥 Updates anode clar Optical ventures scarfalmart Creator尤其是嬰副产品 depletionatts factors宫的qpжка Transplant ACA...

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Oasis Network’s ROSE token shows potential signs of a bullish reversal after a recent price drop below key support. Technical analysis indicates a possible double-bottom pattern forming, with momentum indicators like the RSI and MACD suggesting growing buying pressure, though the overall market structure remains bearish.


ROSE recently dropped below a key 4-hour support level, raising concerns of a bearish continuation. The price is now consolidating, which Crypto Pulse suggests indicates the breakdown may have been false.

Technical analysis shows the cryptocurrency may be forming a double bottom, a classic reversal pattern. The pattern’s neckline is at the SBR level, with a breakout above it potentially confirming a shift in momentum.

Key indicators are supporting a bullish scenario. The RSI is showing a golden cross near 50, suggesting buyers are gaining strength, while the upward-turning MACD confirms rising buying pressure.

If bullish momentum continues, ROSE might target a price of $0.013. The crypto’s current price is ranging near $0.01178, having reacted from a low near the $0.01071 level.

For the market structure to change, ROSE needs to break significantly past the $0.01211 level. Until that happens, the overall trend remains bearish despite the potential for a reversal.

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