Market Overview for Tensor/Tether (TNSRUSDT) on 2025-09-22

• TNSRUSDT closed 0.1168 at 12:00 ET after opening at 0.1168, with a 24-hour high of 0.1176 and low of 0.1080.
• Price retreated to 0.1080 in early ET hours before consolidating near 0.1025–0.1035.
• Volume surged during the 6:15–7:00 AM ET sell-off, with turnover spiking amid the 0.108–0.0993 drop.
• RSI remains in oversold territory, while MACD shows bearish divergence.
• Bollinger Bands contracted in the final 6 hours of the 24-hour period, hinting at a potential breakout.

Tensor/Tether (TNSRUSDT) opened at 0.1168 at 12:00 ET−1 and closed at 0.1168 at 12:00 ET, with a high of 0.1176 and a low of 0.0993. The 24-hour total volume was approximately 7,768,513.1 and turnover reached $879,682.95. A sharp decline occurred between 6:15–6:30 AM ET, as bearish momentum overwhelmed buyers.

Structure & Formations

Price action in the 24-hour period showed a bearish breakdown from the 0.116–0.117 cluster to 0.1080–0.0993. A key support level formed around 0.1025–0.1035, where price has been consolidating since 9:00 AM ET. A bearish engulfing pattern was observed in the 6:15–6:30 AM ET timeframe, followed by a small bullish reversal at 12:00 ET. A doji formed at 0.1165, suggesting indecision near the 0.116–0.117 range.

Moving Averages

On the 15-minute chart, the 20SMA and 50SMA are both bearish, with the 20SMA at ~0.1150 and the 50SMA at ~0.1145. Price closed above the 50SMA at 12:00 ET but remains below the 20SMA. On the daily chart, the 50DMA and 200DMA are both bearish, with the 50DMA at ~0.1175 and the 200DMA at ~0.1180. The price is trading below both.

MACD & RSI

The 15-minute MACD has been bearish throughout the 24-hour period, with a recent bearish crossover at 12:00 ET. RSI has been in oversold territory (<30) since 9:00 AM ET, suggesting potential for a short-term rebound. A bearish divergence is evident in the 6:15–7:30 AM ET timeframe.

Bollinger Bands

Bollinger Bands have been tightening in the last 6 hours of the 24-hour window, with the 20-period band width at ~0.0003. Price closed near the middle band at 12:00 ET, with the upper band at ~0.1030 and the lower band at ~0.1020. The contraction suggests the potential for a breakout in the next 24 hours.

Volume & Turnover

Volume and turnover spiked significantly during the 6:15–6:30 AM ET timeframe, where a large candle closed at 0.1049 after opening at 0.1082. Turnover exceeded $90,000 in that 15-minute window. There was no corresponding volume increase in the final 2 hours, despite a modest price rebound. This suggests weak conviction in the short-term rally.

Fibonacci Retracements

Applying Fibonacci to the 0.1173–0.0993 swing (6:15 AM–6:30 AM ET), the 38.2% retracement level is at ~0.1063, and the 61.8% level is at ~0.1033. The price is currently consolidating near 0.1025, suggesting that the 61.8% retracement is a key support level. On the daily chart, the 50% Fibonacci level lies at ~0.1180, which is above the current price.

Backtest Hypothesis

The backtesting strategy focuses on identifying sharp price retracements from key Fibonacci levels and confirming them with volume and RSI signals. A long entry is triggered when price retests a 61.8% retracement level with a bullish reversal pattern, RSI above 40, and volume confirmation. A short entry is triggered when price retests a 61.8% level from above with bearish reversal patterns, RSI below 60, and volume confirmation. Stops are placed beyond the nearest Fibonacci level. Given the recent consolidation near the 0.1033 (61.8% retracement) level, a test in the next 24 hours could confirm a short-term reversal.

Forward Outlook & Risk Caveat

In the next 24 hours, TNSRUSDT could test the 0.1033 Fibonacci level for confirmation of a short-term bottom or a continuation of the bearish trend. A break below 0.1025 may signal further downside to 0.1010–0.1005, while a rebound above 0.1040 could offer relief. Investors should remain cautious, as the larger trend remains bearish, and a sustained break above 0.1140 would be needed for a reversal in sentiment.