Technical analysis by Risk_Adj_Return about Symbol ROSE: Buy recommendation (5/2/2025)

ROSEUSDT | Long | Technical Bounce + Strong Backing | (May 2025)1️⃣ Quick Insight:ROSE has been in a downtrend for a while, but it's now showing some promising signs both technically and fundamentally. Price action is shaping up well, and I’ve decided to enter spot at the current level.2️⃣ Trade Parameters:Bias: LongEntry: Market entry at current priceStop Loss: $0.02000TP1: $0.04667TP2: $0.09399TP3: $0.15275Partial Exits: Around $0.03167 for a lighter position trim if needed3️⃣ Key Notes:Let’s quickly go over what ROSE is. It’s the native token of the Oasis Network—a Layer 1 blockchain designed for scalability, DeFi, Web3, and privacy. What makes it stand out is its confidential smart contract system and a unique architecture tailored for data tokenization.The Oasis Network is backed by major players like Google, BMW, and institutions like Cambridge, Oxford, and UC Berkeley. The founder is Dawn Song, a professor at UC Berkeley, and the CTO is Raymond Cheng.Competitors include Secret Network and NEAR Protocol, especially when it comes to privacy and interoperability. Future developments for ROSE include building bridges, strengthening privacy features, and expanding its ecosystem.With strong fundamentals and a technical structure that’s holding well, this could be a solid long-term play with layered take-profit zones.4️⃣ Follow-up:If the structure continues to hold and volume picks up, I’ll consider updating this idea. For now, I’m keeping an eye on how it performs around the first TP level.Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.