Tensor/Tether (TNSRUSDT) Market Overview for 2025-09-20

• • •

• TNSRUSDT posted a slight 24-hour close up 0.1148 (±0.44%) from 0.1142, with a high of 0.1172 and low of 0.1126.
• Volatility expanded midday with a 0.116–0.1172 range, while volume spiked over 121,000 during the 15:30 ET session.
• A bullish engulfing pattern formed at 0.1163–0.1167 (15:30 ET) as price broke a descending wedge and approached the 61.8% Fibonacci level.
• RSI overbought (75–77) during the 15:15–15:45 ET rally, with MACD showing a positive crossover and expanding histogram.
• Bollinger Bands were in expansion mode, with price hovering above the 20-period MA and testing the upper band in the final 3 hours.

Opening and Range Summary

At 12:00 ET–1 (09:00 UTC) on 2025-09-20, Tensor/Tether (TNSRUSDT) opened at 0.1142 and traded between 0.1126 and 0.1172 before closing at 0.1148 at 12:00 ET. The pair saw a total 24-hour volume of 3,825,539.59 and a turnover of approximately $433,900, with volatility and volume increasing sharply between 15:15 and 15:45 ET.

Structure & Formations

The 15-minute chart displayed a descending wedge pattern that broke to the upside with a bullish engulfing candle at 15:30 ET. The breakout was confirmed by a follow-through rally that tested the 0.116–0.1172 area, a critical Fibonacci 61.8% retracement level from the earlier consolidation phase. A doji appeared at 15:45 ET, signaling potential short-term indecision after the sharp rally.

MACD & RSI

The 15-minute MACD showed a bullish crossover on the 15:15 ET candle, with the histogram expanding through 15:30 ET. RSI reached overbought territory between 75–77 during the 15:15–15:45 ET rally, suggesting momentum could be exhausting. Divergence between price and RSI may hint at a near-term pullback, though the pair remains within a strong uptrend channel.

Bollinger Bands and Moving Averages

Bollinger Bands expanded significantly during the rally, with the price hovering above the 20-period moving average and approaching the upper band. The 50-period MA provided initial support around 0.1142–0.1143 and was retested twice during the day. On the daily chart, TNSRUSDT closed above its 50- and 200-period MAs, suggesting a potential shift in medium-term bias.

Volume and Turnover

Volume surged above 121,000 at 15:30 ET, confirming the breakout from the wedge pattern. Notional turnover exceeded $135,000 during the 15:15–15:45 ET window, aligning with the price action. However, volume dipped during the 15:45–16:00 ET consolidation phase, signaling caution ahead of the next breakout attempt.

Fibonacci Retracements

The 61.8% Fibonacci level (0.1163–0.1172) acted as a magnet for the price during the 15:15–16:00 ET window. A retest of this level could confirm or invalidate the recent bullish momentum. On the daily chart, the 0.1143–0.1148 close aligns with the 38.2% retracement of the prior week’s range, suggesting further consolidation could be expected.

Backtest Hypothesis

The observed breakout pattern from a descending wedge, confirmed by strong volume and aligned with key Fibonacci levels, could serve as the foundation for a mean-reversion-to-trend-following hybrid strategy. A buy signal could be triggered on a close above the wedge’s upper edge at 0.1163 with a stop just below the wedge’s lower edge at 0.1143. A take-profit target might be placed at the 78.6% Fibonacci extension (~0.1182) while managing risk with a trailing stop near the 50-period MA. This approach would aim to capture the continuation of the trend while mitigating short-term volatility.