Market Overview for Tensor/Tether (TNSRUSDT) – 2025-09-24

• Price tested key support levels during the early session but bounced off a 61.8% Fib level.
• Volume spiked during the late night sell-off, but recent price action shows consolidation.
• RSI remains in mid-range territory, suggesting indecision in the market.
• Bollinger Bands show mild contraction at 10:00–11:00 ET, indicating potential for a breakout.
• Recent 15-minute bullish reversal patterns suggest short-term buying interest.

Tensor/Tether (TNSRUSDT) opened at $0.1032 at 12:00 ET–1 and traded between $0.1013 and $0.1058 over the past 24 hours, closing at $0.1036 at 12:00 ET today. Total volume amounted to 2,072,146.2 units, with a notional turnover of $214,342.49. The pair has shown consolidation in the final hours, with buyers stepping in after a sharp drop overnight.

Structure & Formations

The 24-hour candlestick chart shows a broad range-bound pattern with a significant selloff from $0.1052 to $0.1013 during the late-night session. This decline was marked by a bearish dark cloud cover at the bottom of the range, which acted as a temporary support at $0.1026. On the rebound, a bullish engulfing pattern formed at 07:30–08:00 ET, confirming a short-term reversal. The price appears to be consolidating near the 61.8% Fibonacci retracement level of the overnight drop, suggesting a potential turning point.

A key support zone is forming near $0.1025–$0.1026, where price has bounced multiple times. Resistance is clustered at $0.1035–$0.1041, where traders have previously exited long positions. A break above $0.1047 could rekindle bullish sentiment, while a sustained drop below $0.1021 may trigger further selling.

Moving Averages, MACD & RSI

The 20-period and 50-period SMAs on the 15-minute chart indicate a slightly bearish bias, with the 20SMA dipping below the 50SMA in the early morning. The MACD remains in the zero line area but has shown a narrowing histogram in the last hour, hinting at a potential bullish crossover.

RSI oscillates between 45 and 55 in the past 24 hours, showing no signs of overbought or oversold conditions. This suggests that momentum remains neutral, with neither buyers nor sellers in control.

Bollinger Bands & Volatility

Bollinger Bands have contracted between 10:00 and 11:00 ET, indicating a period of low volatility and a possible breakout. The price closed near the middle band, suggesting a continuation pattern. If volatility rises, the upper band currently sits at $0.1045 and the lower at $0.1027.

Volume remains elevated during the overnight selloff, with a peak of 363,784.9 units at 04:15 ET. However, recent volume has decreased, signaling reduced conviction in the current direction.

Fibonacci Retracements

Applying Fibonacci to the recent swing from $0.1052 to $0.1013, the 38.2% level is at $0.1034 and the 61.8% level at $0.1026. Price is currently consolidating around the 61.8% level, indicating a high probability of either a continuation or a reversal in the near term.

Backtest Hypothesis

A potential backtesting strategy involves entering a long position when the 20-period SMA crosses above the 50-period SMA on the 15-minute chart, with a stop loss set just below the nearest Fibonacci support level. A take-profit target is set at the 38.2% Fibonacci retracement. Given today’s price structure, this setup appears viable during the 08:00–10:00 ET consolidation phase. However, the strategy should be tested over a larger historical dataset to validate its consistency across varying volatility environments.

Looking ahead, Tensor/Tether may consolidate between $0.1025 and $0.1041 in the next 24 hours. A break above $0.1047 could signal a bullish phase, while a drop below $0.1021 may intensify downward pressure. Investors should remain cautious and monitor volume and Fibonacci levels for signs of directional bias.