Summary
• TNSRUSDT posted a 24-hour low of 0.0983 after a bearish close.
• A bearish engulfing pattern emerged near 0.1004, confirming short-term weakness.
• Volume spiked near 0.1039, indicating a failed rally and potential overhead resistance.
• RSI entered oversold territory, hinting at possible near-term buying interest.
• Bollinger Bands showed a gradual contraction in volatility overnight.
Tensor/Tether (TNSRUSDT) opened at 0.1027 on 2025-12-10 at 12:00 ET, reaching a high of 0.1048 before closing at 0.0983 on 2025-12-11 at 12:00 ET. The 24-hour low was 0.0983. Total volume was 12,999,506.7 and notional turnover reached approximately $1,294,051.
Structure & Formations
The pair formed a bearish engulfing pattern around 0.1004, signaling increased short-term bearish momentum. A failed rally above 0.1039 exposed resistance, with price retreating sharply afterward. Key support appears near 0.0983-0.0988, where a consolidation has begun.
Moving Averages
On the 5-minute chart, price closed below the 20- and 50-period SMAs, reinforcing the bearish bias. Daily moving averages (50, 100, 200) were not crossed during the session but show potential alignment for a retest of 0.1005.
MACD & RSI
The MACD crossed below the signal line with bearish divergence, while RSI dipped into oversold territory around 0.0983, suggesting short-term exhaustion in the downtrend. A pullback to 0.0993-0.0995 could trigger short-covering or speculative buying.
Bollinger Bands
Volatility contracted after the initial 18:00–00:00 ET move, with price closing near the lower band. A breakout from this tight range could signal renewed momentum, either upward or downward, depending on volume confirmation.
Volume & Turnover
Volume surged near 0.1039, but price failed to sustain the rally, pointing to a potential topping process. Turnover diverged from price in the final 6 hours, with decreasing volume on the decline, hinting at reduced conviction in the bearish move.
Fibonacci Retracements
A 61.8% Fibonacci retracement from the 0.1048 high to the 0.0983 low is near 0.1013–0.1015, which appears to be a key short-term pivot. A retest of this level could determine the near-term direction.
Price may find support near 0.0983–0.0988, but a break below this would target 0.0975. A bounce to 0.1004–0.1013 could signal a countertrend rally, although caution is warranted due to the bearish bias. Investors should watch for a clear breakout above 0.1015 to confirm a reversal.
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