🌹 $ROSE / USDT: Demand Zone Bounce Setup (15M Chart)
The Oasis Network ($ROSE) is currently testing a critical demand zone on the 15-minute timeframe. After a period of consolidation and a slight pullback, we are seeing signs of buyer interest returning at these lower levels.
📊 Technical Analysis & Trade Logic
Demand Zone Validation: The price has descended into a proven support area (marked by the red box), ranging between $0.01340 and $0.01355. This area previously acted as a springboard for the last local move up.
Candlestick Confirmation: We are seeing a "Long Lower Wick" or a potential "Hammer" forming right at the support line. This indicates that sellers are losing steam and bulls are stepping in to defend the level.
Volume Profile: Selling volume is decreasing as we approach the support, suggesting that the "dump" is exhausted and a reversal/bounce is highly probable.
Trend Alignment: Despite the local pullback, the mid-term structure remains healthy. Holding this zone is key to maintaining the bullish bias for a move toward $0.0140+.
⚔️ The Trade Setup (Long)
Entry Price: $0.01354 (Current Market Price) or on a successful retest of $0.01350.
Target 1 (Take Profit): $0.01380 (Minor resistance/local high)
Target 2 (Main Goal): $0.01407 (Recent peak/strong resistance)
Stop Loss (SL): $0.01337 (Just below the demand zone to protect capital)
💡 Strategy Tip
This is a scalp/swing hybrid play. If the price breaks and closes a 15-minute candle above $0.01365, it will confirm the breakout of the local downtrend, potentially accelerating the move toward Target 2.
Risk/Reward Ratio: ~1:3 (Excellent for this timeframe)
