"When I came at the start of the season I said I was pushing for promotion and now we're in a relegation battle," Hoskins told BBC Radio Bristol.
"We need to stick together and with the league as it is we could be in the play-offs with two or three results."
Before going into an 18-day enforced break because of the weather, Rovers had picked up draws at high-flying Brighton and Charlton.
But the loss at Hillsborough means it is now seven games and two months since they last won in the league, although they are just eight points off sixth spot.
Sure it was a bad result but we've played more away games than the top sides and have a run of home games coming - by January we'll be fine and looking towards the play-offs
Gaastronomic
Their sole win in that time came in the Johnstone's Paint Trophy and Hoskins, who scored twice against the Owls to take his tally for the season to 10, knows that same competition can lift the club with Exeter due at the Memorial Stadium in the one-legged Southern Area semi-final on Tuesday.
"We need to get our heads up, get our chins up and know that maybe we aren't as good as we think we are sometimes," he added.
"We have the belief to pick ourselves up. We know we can get it together, we need that consistency and Tuesday can boost our confidence. It's a big game that can put us in the area final and we need to look towards that to turn it around."
Sheffield Wed 6-2 Bristol Rovers
Source: BBC Sport
Source: BBC Sport