Market Overview for Tensor/Tether (TNSRUSDT)

Summary
• Price tested key support near $0.0940–0.0945, forming bearish engulfing patterns in late NY hours.
• RSI moved into oversold territory, while volume surged during breakdown attempts.
• Bollinger Bands tightened before the sharp drop below 0.0955, signaling increased volatility.

Tensor/Tether (TNSRUSDT) opened at $0.0982 on 2025-12-11 12:00 ET, reaching a high of $0.0988 before closing at $0.0945 on 2025-12-12 12:00 ET, with a low of $0.0922. Total volume was 9.85 million contracts, and notional turnover was approximately $922,000 over the 24-hour period.

Structure & Candlestick Formations

The price formed bearish engulfing patterns after 20:00 ET on 12/11, with a strong rejection observed near the $0.0965–0.0970 range. A long lower shadow at $0.0940–0.0945 suggests potential short-term support, but a potential breakdown below that level may trigger further downside.

Moving Averages and Momentum

The 5-minute 20SMA and 50SMA diverged sharply during the sharp drop below $0.0955, reinforcing the bearish momentum. MACD showed a bearish crossover, and RSI reached oversold levels in the 28–30 range, indicating potential for a near-term bounce or continuation of the downtrend depending on volume and order flow.

Bollinger Bands and Volatility

Volatility expanded after the $0.0950–0.0955 breakdown, with prices closing near the lower Bollinger Band at $0.0945. This suggests a continuation phase may be in play, with a tightening of the bands previously signaling a pre-breakout phase.

Volume and Turnover
Volume spiked sharply during the breakdown below $0.0965 and again near the $0.0945 level, indicating active selling pressure. Turnover also increased, suggesting increased participation. However, a divergence between volume and price could indicate a potential reversal if the bearish trend fails to continue.

Fibonacci Retracements

On the daily chart, the 61.8% Fibonacci level around $0.0955 acted as a strong resistance. On the 5-minute chart, the 38.2% retracement level near $0.0975 was briefly tested but failed to hold, reinforcing the bearish bias.

The price appears to be in a bearish consolidation phase, with key support at $0.0940–0.0945. A break below this level could signal further downside toward $0.0930. Investors should remain cautious as momentum remains bearish, and a rebound could test the $0.0950–0.0955 range.