Is Oasis (ROSE) Gearing Up for a Bullish Reversal? This Fractal Pattern Saying Yes!

Date: Mon, June 23, 2025 | 06:25 PM GMT The cryptocurrency market continues to reel from heightened global tensions, as the conflict between Israel and Iran intensifies with the United States entering the equation. As expected, major assets like Ethereum (ETH) have tumbled — dropping from a monthly high of $2,877 to $2,2300. Altcoins, which tend to follow ETH’s lead, have also suffered. One of the notable casualties this month is Oasis Network (ROSE). $ROSE has plunged by 16% this week, bringing its monthly losses to a steep 33%. But behind the recent red candles lies a potentially bullish structure that looks very similar to a pattern from late 2024 — one that led to a massive reversal and rally.

Source: Coinmarketcap Fractal Suggests Bullish Reversal Ahead Looking back to late 2024, ROSE followed a clear structure: after weeks of sliding lower within a falling wedge pattern, the token found a base at a horizontal support zone and then launched into a 100% rally — eventually tagging its macro descending resistance line.

Oasis (ROSE) Fractal Chart/Coinsprobe (Source: Tradingview) That same structure seems to be playing out once again. ROSE is currently trading near $0.022 after forming another falling wedge pattern following a steep decline. Just like before, the price is compressing toward the apex of the wedge — a zone that historically precedes breakouts. Adding to the similarity, ROSE is currently hovering below its 100-day moving average (around $0.029), which previously flipped from resistance to support following a breakout. What’s Next for ROSE? If this fractal plays out like the last time, ROSE could soon break out of its falling wedge and reclaim the 100-day moving average. A successful move above that level would likely trigger a powerful rally, with price targets extending toward the $0.080 area — a potential 250%+ gain from current levels. This level also aligns with the long-term descending resistance that ROSE tested during its last big move. However, until a breakout occurs, this remains a high-probability setup, not a confirmation. The market remains vulnerable to macro events, especially as the war narrative unfolds. Traders should wait for a clear break of both the wedge and the 100-day MA before considering any bullish positions. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies. Also Read: Is Near Protocol (NEAR) Gearing Up for a Bullish Reversal? This Fractal Pattern Saying Yes!