Summary
• Price advanced from 0.0724 to 0.0747 amid volatile 5-minute swings.
• Key resistance appears at 0.0740–0.0743, with a bearish reversal forming nearby.
• Volume surged during the 05:00–05:30 ET window, confirming the recent breakout.
• RSI suggests overbought conditions at 68, with momentum favoring a potential pullback.
• Bollinger Bands reflect moderate volatility, with price closing near the upper band.
24-Hour Price Action
Tensor/Tether (TNSRUSDT) opened at 0.0724 on 2026-01-09 12:00 ET, reached a high of 0.0753, and closed at 0.0747 as of 12:00 ET on 2026-01-10. The total 24-hour volume was 7.16 million TNSR, with a notional turnover of $521,423. The price action suggests a short-term bullish bias, supported by strong volume at key breakout points.
Key Structures and Patterns
The 5-minute chart shows a strong bullish impulse from 05:00–05:30 ET, with a high of 0.0753 and a close at 0.0747. A potential bearish engulfing pattern may be forming above 0.0743, suggesting a possible correction. Support appears to be forming in the 0.0734–0.0737 range.
Moving Averages and Momentum
The 20- and 50-period moving averages on the 5-minute chart are bullish, with price above both. On the daily chart, the 50 SMA is at 0.0730, while the 200 SMA sits at 0.0722, suggesting a moderate upward bias. The MACD remains positive, with a narrowing histogram, indicating potential exhaustion in the rally. The RSI at 68 points to overbought conditions, increasing the likelihood of a short-term pullback.
Volatility and Fibonacci Levels
Bollinger Bands have widened, reflecting increased volatility, and price closed near the upper band. Fibonacci retracement levels applied to the recent 5-minute swing from 0.0721 to 0.0753 suggest key levels at 0.0740 (38.2%), 0.0736 (50%), and 0.0733 (61.8%). A pullback to 0.0733 could offer a better entry for bullish traders.
The next 24 hours may see a test of 0.0743 resistance and a possible correction to 0.0733–0.0736. Investors should remain cautious about potential profit-taking and monitor volume for signs of divergence.
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