Market Overview for Tensor/Tether (TNSRUSDT) – 2025-09-19

• Tensor/Tether (TNSRUSDT) closed at 0.1147 on 2025-09-19 after a 24-hour decline.
• Price action shows bearish momentum with a 15-minute close below key support at 0.1150.
• Volatility increased in early morning hours, with volume peaking at 297,924.3.
• RSI and MACD signal oversold conditions and weakening momentum.
• Bollinger Bands suggest compressed volatility, hinting at potential breakouts.

At 12:00 ET on 2025-09-19, Tensor/Tether (TNSRUSDT) opened at 0.1233, reached a high of 0.1246, and fell to a low of 0.1131 before closing at 0.1147. The 24-hour trading session saw a total volume of 6,067,863.7 and a notional turnover of $699,964.5.

The price structure over the past 24 hours reveals a distinct bearish trend. Tensor/Tether has been consolidating within a descending triangle formation, with the 0.1230–0.1235 range acting as a key resistance cluster. A bearish engulfing pattern emerged around 19:30 ET (2025-09-18), followed by a series of lower lows, confirming a shift in sentiment. Notable support levels at 0.1150, 0.1140, and 0.1130 have been tested multiple times, with the current close near 0.1147 suggesting continued bearish bias.

The 20-period and 50-period moving averages on the 15-minute chart show a pronounced downward slope, with the 50-period line significantly above the 20-period line, reinforcing the bearish trend. On the daily chart, the 50, 100, and 200-period moving averages are in a steep bearish alignment, indicating no immediate reversal in sight. The MACD line has been negative for most of the session, with the histogram shrinking slightly in the last 12 hours, suggesting weakening momentum. RSI has dipped into oversold territory, reaching 25 at times, but has not shown a strong bullish reversal.

Bollinger Bands have seen a recent contraction, with price hovering near the lower band for much of the session, especially during the 03:00–06:00 ET window. This suggests a period of consolidation before a potential breakout. Volatility spiked during the early morning hours, with a notable 15-minute candle at 03:45 ET showing a large volume spike and a sharp drop from 0.1216 to 0.1205. This aligns with a break below the 0.1205 support level, reinforcing the bearish bias. Notional turnover also increased during this period, confirming the price move rather than diverging from it.

Fibonacci retracements applied to the most recent swing high (0.1246) and swing low (0.1131) show Tensor/Tether currently resting near the 61.8% retracement level at 0.1160. This area has seen some rejection in previous sessions and could serve as a potential short-term support or consolidation level. On the 15-minute chart, the 38.2% retracement is at 0.1198, which the price briefly touched during the 05:00–05:30 ET window before continuing its downward move.

Backtest Hypothesis
A potential strategy could involve a short-entry signal triggered when Tensor/Tether closes below the 61.8% Fibonacci retracement level (0.1160) and remains below the 20-period moving average on the 15-minute chart for three consecutive periods. This would align with the bearish momentum seen in the MACD and RSI, as well as the price action structure. A stop-loss could be placed above the 38.2% retracement level (0.1198) to limit risk in case of a reversal. A target could be set near the 0.1131 level, the most recent swing low. Given the current volatility and volume patterns, this strategy might perform best during high-liquidity hours, especially following key support breaks. However, the recent contraction in Bollinger Bands suggests that a breakout may be imminent, making the strategy time-sensitive and dependent on market structure.

In the next 24 hours, Tensor/Tether may test the 0.1130 psychological level, with a potential for a short-term bounce if the 0.1140–0.1145 range holds. Traders should remain cautious, as a failure to hold above 0.1130 could accelerate the bearish trend toward 0.1110 or lower. Risks include unexpected news or a sudden increase in volume that could trigger a short-covering rally or sharp reversal.