Market Overview for Tensor/Tether (TNSRUSDT) on 2025-10-05

• Tensor/Tether (TNSRUSDT) rallied to a 24-hour high of $0.105 before consolidating near $0.1025.
• RSI and MACD signaled overbought conditions late in the session before a pullback.
• Volatility expanded during the morning ET surge, with volume peaking at $362,561.
• Bollinger Bands contracted in the early hours before expanding ahead of the $0.1030 level.
• Price tested key Fibonacci levels (61.8% at $0.1027) after a bearish engulfing pattern at the top.

Tensor/Tether (TNSRUSDT) opened at $0.0992 on October 4 at 12:00 ET and advanced to a high of $0.105 by 08:15 ET, closing the 24-hour window at $0.1027. Total volume reached 1.58 million TNSR, with turnover at $160,727. The price action showed a sharp reversal in the morning, followed by consolidation and a bearish engulfing pattern near $0.105.

On the 15-minute chart, key support levels emerged at $0.1015 and $0.1005, with resistance forming at $0.1027 and $0.1035. A bearish engulfing pattern appeared at the $0.105 high, while a bullish inside bar formed during the $0.1020–$0.1025 range. The 50-period moving average crossed above the 20-period line early in the session before diverging during the pullback, suggesting a possible near-term reversal.

The RSI reached overbought territory (70+) at $0.105 and fell below 60 in the afternoon, signaling weakening momentum. MACD showed a bearish crossover as the histogram contracted post-08:00 ET. Bollinger Bands expanded during the morning rally and later tightened near the $0.1025 level, suggesting a potential breakout or continuation. Volatility and turnover spiked in the 04:00–07:00 ET window, aligning with the 61.8% Fibonacci retracement level at $0.1027.

text2img

The 50-period daily moving average currently sits at $0.1025, with the 200-period line forming a key support at $0.1005. Price action suggests a potential retest of $0.1035, but a close below $0.1015 may trigger further bearish momentum. Investors should monitor volume divergence during the next swing and watch for any bearish reversal patterns forming at current levels.

text2visual

Backtest Hypothesis: The described backtesting strategy focuses on detecting overbought RSI conditions (70+) combined with bearish candlestick patterns (e.g., engulfing, shooting star) near resistance levels. A sell signal is generated if the close is below the pattern’s low, with a stop-loss at the pattern’s high. A 20-period moving average crossover is used as a trend filter. Applying this strategy to the current TNSRUSDT chart would have triggered a sell signal at $0.105, aligning with the bearish engulfing pattern and overbought RSI. A 20-period MA filter would have confirmed the downtrend post-peak. The strategy could yield a 2–3% target at $0.1020–$0.1015, with a risk-reward ratio of 1:1.5.

backtest_stock_component