Market Overview for Tensor/Tether (TNSRUSDT)

Summary
• Price tested 0.0821 (resistance) but retracted toward 0.0795 (support), with bearish divergence in late ET hours.
• RSI signaled overbought levels above 0.0815 and oversold below 0.0801, showing volatile momentum shifts.
• Volume surged during the 0.0815–0.0821 rally but collapsed afterward, indicating possible exhaustion.
• Bollinger Bands widened during the 4–6 AM ET rally, reflecting rising volatility and consolidation afterward.
• Key Fibonacci levels at 0.0806 (38.2%) and 0.0814 (61.8%) acted as magnets during retracements.

Tensor/Tether (TNSRUSDT) opened at 0.0801 on January 2, 2026, hit a high of 0.0821, and closed at 0.0796 on January 3 at 12:00 ET. Total volume reached 7.03 million, with a turnover of $570,000, reflecting active short-term trading.

Structure and Candlestick Formations

Price action formed several bearish reversal patterns, notably a bearish engulfing pattern at 0.0810 and a potential evening star around 0.0813–0.0816. A key support level emerged at 0.0795–0.0801, where price found repeated buyers. Resistance clustered near 0.0815–0.0821 showed rejection, particularly in late ET hours.

Trend and Moving Averages

On the 5-minute chart, price fluctuated below the 50-period moving average for most of the day, suggesting bearish bias. The 20-period line moved higher during the overnight rally but failed to sustain above 0.0815. Daily MA levels were not directly observable from the 5-minute data but likely showed a neutral to slightly bearish bias.

Momentum and Overbought/Oversold Conditions

The RSI hit overbought territory above 0.0815 (around 60–70) during the 4–6 AM ET rally and oversold levels near 0.0801 (30 or below) in the early morning. This suggests short-term momentum may be exhausting, with possible rebounds from key levels.

Volatility and Bollinger Bands

Bollinger Bands expanded during the 4–6 AM rally, reflecting heightened volatility. Price then consolidated near the middle band during the morning hours, indicating reduced momentum. The recent contraction of the bands may signal a potential breakout or continuation.

Volume and Turnover Analysis

Volume spiked during the 0.0815–0.0821 rally (notably at 4–6 AM ET), with a high of 767k units, but declined sharply after the 0.0821 peak. Turnover aligned with volume, peaking at $62.8k. Divergence between rising price and declining volume in the late ET hours signals potential weakness.

Fibonacci Retracements

Fibonacci levels aligned with key price pivots: 0.0806 (38.2%) and 0.0814 (61.8%) acted as strong magnets. A potential retracement to 0.0804–0.0806 is likely if the 0.0795–0.0801 support holds. A break below that could target 0.0790–0.0793.

Price may retest key resistance near 0.0815–0.0816 in the next 24 hours, depending on volume and sentiment. Traders should remain cautious, as bearish divergence and thin volume support suggest potential for a pullback unless buyers step in at 0.0804–0.0806.