Summary
• Tensor/Tether (TNSRUSDT) tested and broke a key resistance at 0.0710–0.0720 during overnight hours.
• Price consolidated near 0.0710–0.0715 after a sharp 2.5% intraday rally from 0.0704.
• Volumes surged to 663k at the peak of the breakout, with turnover confirming bullish momentum.
• A 50-period moving average on the 5-min chart currently sits just below the 0.0710 level.
• RSI hit 65–68 during the rally, hinting at potential near-term profit-taking.
Tensor/Tether (TNSRUSDT) opened at 0.0706 on 2026-01-17 at 12:00 ET, reached a high of 0.0729, and closed at 0.0710 on 2026-01-18 at 12:00 ET. The pair traded between 0.0704 and 0.0729 over the 24-hour window. Total volume amounted to 8,299,656.3, with a notional turnover of $585,464.91.
Structure & Formations
Price action on the 5-min chart showed a strong breakout above the 0.0710–0.0720 consolidation range, confirmed by a bullish engulfing pattern at 0.0710–0.0720. A key support level appears to be forming around 0.0710, where the price has consolidated after a sharp rally. No strong bearish reversal patterns were observed during the consolidation phase.
Moving Averages
On the 5-min chart, the 20-period MA currently sits near 0.0709 and is trending upward, while the 50-period MA lags slightly below at 0.0707. This suggests the recent bullish move is gaining strength. On the daily chart, the 50- and 100-period MAs remain in a flat alignment, indicating no immediate bias from the longer-term trend.
Momentum Indicators
The MACD crossed into positive territory during the overnight rally, with the histogram expanding as momentum increased. RSI climbed into overbought territory (65–68) during the high-volume breakout, suggesting potential near-term profit-taking or a pause in the upward move.
Bollinger Bands
Price action remained in the upper half of the Bollinger Band expansion, reflecting increased volatility during the breakout. The bands themselves have widened, indicating a period of uncertainty or active market participation.
Volume & Turnover
Volume spiked sharply during the breakout phase, with a single 5-min candle at 00:30 ET showing 807,649.1 volume and $58,452.71 in turnover — a clear sign of institutional or high-liquidity activity. Price and turnover moved in line, confirming the strength of the bullish move.
Fibonacci Retracements
On the 5-min chart, price recently tested the 61.8% retracement level (0.0710–0.0720) before pulling back to 0.0710–0.0715, which aligns with the 50%–61.8% zone. This suggests traders may see further consolidation before the next directional move.
Looking ahead, a retest of the 0.0710–0.0715 support range could trigger a short-term pullback or serve as a base for further buying. However, traders should remain cautious if RSI moves into overbought territory and price fails to close above 0.0720, which could invite profit-taking.
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