Market Overview for Tensor/Tether (TNSRUSDT) on 2026-01-19

Summary
• Price declined sharply post-midnight, breaching key support levels.
• High-volume divergence emerges as price falls, hinting at bearish momentum.
• RSI and MACD signal oversold conditions, but bearish patterns suggest caution.
• Bollinger Bands narrow midday before expanding during the drop, suggesting increased volatility.
• Fibonacci retracement levels align with recent lows, offering potential entry targets.

Tensor/Tether (TNSRUSDT) opened at $0.0739 at 12:00 ET − 1, hit a high of $0.0746, a low of $0.0602, and closed at $0.0643 at 12:00 ET. Total volume reached 11,561,462.60 and notional turnover amounted to $763,830.10 over 24 hours.

Structure & Formations

Price formed a bearish engulfing pattern during the early morning drop and tested the $0.0633–$0.0637 consolidation level with a break below. A potential support cluster emerges around $0.0628–$0.0631, with a 61.8% Fibonacci retracement aligning near $0.0630.

Moving Averages

The 20-period and 50-period 5-minute moving averages are trending downward, confirming the short-term bearish bias. On the daily chart, the 50-period SMA sits above the 200-period SMA, indicating a broader bearish structure.

MACD & RSI

RSI dropped into oversold territory during the late-night selloff, but a bearish divergence suggests momentum may continue. MACD remains in negative territory, with bearish convergence reinforcing the potential for a deeper pullback.

Bollinger Bands

Volatility remained low midday, with price confined near the middle band. By late night, Bollinger Bands expanded as price broke below the lower band, indicating a high-volatility bearish phase.

Volume & Turnover

Volume surged during the overnight selloff, with the $0.0633–$0.0643 range showing a divergence between price and turnover, implying weakening demand. The largest single 5-minute volume spike occurred at 00:15 ET, aligning with the start of the sharp decline.

While the immediate trend appears bearish, a rally back above $0.0646 could trigger a short-term rebound. Traders should remain cautious, as volatility remains elevated, and the 200-period SMA could act as a key barrier for bearish continuation.