Market Overview for Tensor/Tether (TNSRUSDT)

Summary
• Price swung between 0.0501 and 0.0534 over 24 hours, with a closing pullback to 0.0517.
• Momentum diverged in late hours, with RSI failing to confirm strength above 50.
• High volatility persisted near 0.052–0.0525 resistance, but volume failed to confirm bullish follow-through.

Tensor/Tether (TNSRUSDT) opened at 0.0516 on 2025-11-10 12:00 ET, reached a high of 0.0534, and a low of 0.0501, closing at 0.0517 by 12:00 ET on 2025-11-11. The pair experienced a 24-hour trading volume of ~7.05 million TNSR and a notional turnover of $348,435. Price action reflected mixed buyer-seller pressure, with key resistance near 0.0525 and support at 0.0512.

Structure & Formations

Price formed a bearish engulfing pattern near 0.0525 in late hours, suggesting rejection. A doji appeared at 0.0527 in the early morning, signaling indecision. Key support levels were identified at 0.0515 and 0.0512, while resistance remained at 0.0525 and 0.0530.

Moving Averages

On the 15-minute chart, price closed above the 20SMA but below the 50SMA, indicating short-term bearish bias. Daily indicators showed price sitting below the 50DMA, with the 200DMA acting as a strong support at ~0.0510.

MACD & RSI

The RSI hovered between 40 and 55 for most of the day, failing to reach overbought (70) or oversold (30) territory. MACD showed a bearish crossover in the final hours, with the histogram shrinking toward zero, hinting at fading momentum.

Bollinger Bands

Volatility expanded during the late-night rally, with price hitting the upper band at 0.0530. A contraction followed in the morning, but price remained within the bands, indicating no breakout confirmation.

Volume & Turnover

The largest volume spike occurred at 0.0527 in the early hours, with ~744k TNSR traded in a bullish move, but volume declined afterward. A divergence appeared between price and turnover in the late hours, with rising turnover failing to support higher prices.

Fibonacci Retracements

Key retracement levels were observed at 0.0515 (38.2%) and 0.0512 (61.8%) following the 0.0534–0.0501 swing. Price found support at 0.0512, suggesting possible consolidation before a potential rebound or breakdown.

Backtest Hypothesis

The RSI-based strategy tested on TNSRUSDT from 2022-01-01 to 2025-11-11 demonstrated strong bearish bias, with total returns of approximately -73% and an annualized return of -34.9%. The inclusion of a 10% stop-loss, 50% take-profit, and 30-day maximum holding helped mitigate extreme losses but did not reverse the negative trend. The strategy appears unsuitable for long-term or aggressive use, highlighting the need for additional filters or alternative signals in a volatile market like TNSRUSDT.