Market Overview for Tensor/Tether (TNSRUSDT) on 2025-11-08

Summary
• TNSRUSDT opened at 0.0498 and closed at 0.0507 after reaching a high of 0.0526 and a low of 0.0494.
• Momentum remains mixed, with RSI oscillating between overbought and neutral levels.
• Volatility expanded early in the session before stabilizing near 0.0507.
• Volume spiked in the early hours but declined toward the end of the 24-hour window.
• Fibonacci retracements highlight potential support near 0.0503 and resistance at 0.0523.

Tensor/Tether (TNSRUSDT) opened at 0.0498 on 2025-11-07 at 12:00 ET and closed at 0.0507 on 2025-11-08 at 12:00 ET. The pair reached a high of 0.0526 and a low of 0.0494 over the 24-hour period. Total volume for the session was approximately 9,393,224.9, and notional turnover amounted to $472,676. The pair has shown a moderate recovery following an earlier pullback, with key technical levels and momentum indicators signaling mixed signals for the next 24 hours.

The 15-minute OHLC data reveals a bullish reversal pattern forming in the late hours of the session, with a potential bullish engulfing pattern emerging near 0.0499–0.0502. The price appears to have found temporary support around the 20-period moving average on the 15-minute chart, though it remains below the 50-period average, suggesting lingering bearish sentiment. On the daily chart, the 50- and 200-period moving averages remain in a downtrend alignment, indicating a longer-term bearish bias.

Momentum, as measured by the RSI on the 15-minute chart, fluctuated between 30 and 70 over the session, with a brief overbought signal near 0.0526. The MACD showed a narrowing histogram and a crossover into negative territory, signaling a possible slowdown in upward momentum. Bollinger Bands expanded early in the session, reflecting increased volatility, before the price consolidated within the bands in the afternoon. This consolidation may indicate indecision among traders ahead of any further directional move.

Notable Fibonacci retracement levels for the 15-minute swing from 0.0494 to 0.0526 are at 0.0503 (38.2%) and 0.0512 (61.8%), with the latter acting as a potential resistance zone. Volume spiked in the early morning but declined toward the session close, suggesting waning buying pressure. A divergence between price and volume in the final candle of the session may hint at a possible reversal, though confirmation is needed. Investors should monitor the 0.0503–0.0507 range for potential breakout or breakdown signals.

Backtest Hypothesis
The current analysis identifies a potential bullish engulfing pattern near 0.0499–0.0502 in the late session, which could serve as a candidate for a short-term entry. A backtest using a bullish-Engulfing pattern strategy with a 3-day holding period could provide insight into its effectiveness. However, the data-retrieval service is unable to confirm signals for TNSRUSDT due to possible symbol inconsistencies or exchange-specific listings. To proceed, please confirm the correct trading symbol or the exchange where TNSRUSDT is listed (e.g., Binance, OKX, or KuCoin). Once the data source is clarified, the backtest can be run from 2022-01-01 to the present, enabling a more robust evaluation of the pattern’s performance across market conditions.