• ROSE was trading at $0.01923 with a 15.6% increase in the day and above the 0.0157 weekly support.
• The price is held as a falling wedge in the weekly chart and the resistance is at around $0.0195.
• An established breakout would open up a 400-500 per cent upside (depending solely on the wedge formation).

Oasis (ROSE) recorded a steep weekly movement with buyers propelling the prices upwards since the lows and the new market demanded interest. ROSE was trading at $0.01923 at the point of reporting, which is a 15.6% price increase in the last 24 hours. 

The shift came with the price action still tightening in a falling wedge formation on the weekly chart, which can be observed all throughout the overarching decline. Remarkably, the recent recovery was developed around the long-term support, which resulted in the formation of a quantifiable change in the short-term momentum. This trend puts ROSE at a technical sensitive position, where the structure and price positioning coincide.

ROSE Holds Above Key Weekly Support Zone

Price stability remains centered above the $0.0157 support level, which has contained downside pressure during recent weekly sessions. But now ROSE finds itself on the edge of short-term 24 hour opposition at $0.0195, which at this moment is restricting the force of follow-through. 

The BTC-pair gain was also 16.3% in the market and ROSE is currently priced at $0.062142 BTC, which puts the recent action in perspective. Meanwhile, weekly candles continue respecting the descending trendlines that define the falling wedge. As a result, price compression persists, keeping volatility contained within narrowing boundaries.

Falling Wedge Structure Defines Current Market Setup

The weekly falling wedge remains intact, with price consistently printing lower highs and higher structural lows. However, recent candles show stronger upward extensions from the lower boundary of the pattern. This shift coincides with the latest price increase, indicating active participation near technical support. Importantly, wedge structures historically narrow before directional resolution. In this case, ROSE continues trading within the formation, maintaining technical symmetry across the weekly timeframe.

Measured Upside Levels Highlight Potential Price Expansion

If price achieves a confirmed upside breakout above the wedge structure, projected technical targets range between 400% and 500% from current levels. These targets derive from the measured height of the formation. 

However, until price clears the $0.0195 resistance, ROSE remains structurally constrained. The current setup therefore reflects a market balancing compression and expansion potential, defined entirely by weekly structure and observed price levels.

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