Tensor/Tether Market Overview

• TNSRUSDT advanced 0.29% over 24 hours, breaking above 0.1030 after a consolidation phase.
• Momentum remains constructive with RSI near 55 and MACD in positive territory.
• Volatility dipped in the overnight session, but volume surged near 0.1045.
• A bearish divergence in turnover suggests caution ahead of 0.1050 resistance.
• Key support at 0.1025 held, with a potential retest expected.

Tensor/Tether (TNSRUSDT) opened at 0.1016 on October 2nd at 12:00 ET, touched a high of 0.1051, and closed at 0.1025 on October 3rd at 12:00 ET, with a low of 0.1016. The 24-hour volume totaled 4,500,000, while notional turnover stood at $4.6 million, showing moderate liquidity and price stability.

The 15-minute chart shows Tensor/Tether forming a bullish flag pattern between 0.1030 and 0.1045, supported by a strong volume spike at 0.1045. A key resistance appears at 0.1050, where the price struggled during the early afternoon of October 2nd. Meanwhile, support is well-defined at 0.1025 and 0.1020, with the 20-period EMA (0.1033) intersecting the 50-period EMA (0.1034) to signal a potential continuation in the current uptrend.

The RSI reached 57 at 0.1045 and remains in neutral to slightly overbought territory, indicating moderate momentum. MACD crossed above the signal line in early evening trading, with a positive histogram suggesting increasing bullish bias. Bollinger Bands expanded during the early morning hours, suggesting heightened volatility, but prices subsequently retracted toward the mid-band, suggesting consolidation ahead of a potential breakout.

Fibonacci retracement levels show that the 0.1035–0.1045 swing retraced to 38.2% at 0.1037, where the price found temporary support. The 61.8% retracement level is at 0.1031, which may offer further support if the market turns bearish. Volume remains higher during the bullish move, but turnover diverged slightly as the price approached 0.1045, suggesting caution from traders before a potential breakout.

Backtest Hypothesis
The strategy described focuses on using a combination of moving average crossovers and RSI signals on the 15-minute timeframe to capture short-term trends in TNSRUSDT. The 20 and 50-period EMAs provided the primary entry signals, with RSI acting as a momentum filter to avoid overextended moves. A backtest could simulate entering long positions when the 20 EMA crosses above the 50 EMA, and RSI is below 60, with an exit at a 2% profit or a 1% stop-loss. The volume data supports this approach, particularly during the early afternoon on October 2nd, when both conditions aligned and volume surged. This strategy might benefit from tighter timeframes and could be optimized with additional volatility filtering to reduce false signals during low-volume periods.