Market Overview: Tensor/Tether (TNSRUSDT) – 24-Hour Candlestick Breakdown

• Tensor/Tether (TNSRUSDT) closed 0.0706 at 12:00 ET, up from 0.0697 open, with a 24-hour high of 0.0707 and low of 0.0660.
• Price formed a bullish reversal pattern after a sharp pullback, with volume increasing in the final hours.
• RSI approached overbought territory, while MACD showed strengthening bullish momentum.
• Volatility expanded through Bollinger Bands, and Fibonacci levels highlighted key 0.0682–0.0703 support/resistance.
• Turnover spiked during the final 6-hour session, indicating renewed buying pressure into the close.

Tensor/Tether (TNSRUSDT) opened at 0.0697 on 2025-10-11 at 12:00 ET and closed at 0.0706 on 2025-10-12 at 12:00 ET, forming a 1.3% upward drift over 24 hours. The pair reached a high of 0.0707 and a low of 0.0660. Total volume for the period was 15,155,946.8, with a notional turnover of approximately $1,065,000 (calculated using the close price of 0.0706).

Structure & Formations

The price action displayed a clear bearish breakdown followed by a strong reversal in the final 6 hours. A notable bearish pattern was seen between 19:30 and 20:00 ET on the 15-minute chart, where a strong red candle gapped down to 0.0676 and closed near its low. This was followed by a bullish engulfing pattern starting at 21:15 ET, where a strong green candle opened at 0.0642 and closed at 0.0653. The subsequent candles showed a consistent upward move, with a final strong green candle at 16:00 ET closing near the high of 0.0706. Key resistance levels are forming at 0.0701–0.0703, while support levels are emerging at 0.0697 and 0.0682.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages have converged around the 0.0693–0.0696 range, indicating a potential support zone. As the price moved above this area, the 20SMA began to outpace the 50SMA, forming a potential golden cross. On the daily chart, the 50-period and 200-period moving averages have not crossed, with the 200SMA providing a long-term baseline at 0.0675. The 100SMA is currently at 0.0681, supporting the idea that the current move above 0.0690 is structurally significant.

MACD & RSI

The MACD crossed above the signal line during the late afternoon and evening hours, signaling a shift to bullish momentum. The histogram showed a consistent increase in bullish divergence, especially in the final 3 hours. RSI, after hitting a low of 26 in the early evening, rebounded sharply, closing near 68—approaching overbought territory. This suggests that the upward move has been strong but could face resistance if it breaches 70, triggering a possible consolidation phase.

Bollinger Bands

Volatility expanded significantly during the price rebound, with the bands widening from a narrow range of 0.0006 to a maximum of 0.0013. The price remained above the middle band for most of the last 6 hours, with the 20-period Bollinger Band acting as a dynamic support and resistance zone. The upper band reached 0.0702 by the close, aligning with recent resistance levels, while the lower band has been holding at 0.0675.

Volume & Turnover

Volume picked up dramatically during the final 6 hours of the 24-hour window, with the largest 15-minute candle (16:00 ET) showing a volume of 210,082.8 and a notional turnover of approximately $14,800. The increase in both volume and turnover aligns with the strong upward move, reinforcing the bullish momentum. No significant divergences were observed between volume and price action, suggesting that the rally was broadly supported.

Fibonacci Retracements

Applying Fibonacci levels to the recent 15-minute swing from 0.0660 to 0.0707, the 38.2% retracement level at 0.0683 and the 61.8% retracement at 0.0694 were both respected during the consolidation phase. For the daily chart, Fibonacci retracements on the prior 20-day swing highlight the 0.0682 (38.2%) and 0.0697 (61.8%) levels as key support areas. The current close near 0.0706 suggests a potential test of the 78.6% retracement at 0.0710, which could act as a near-term ceiling.

Backtest Hypothesis

Given the recent price action and technical indicators, a potential backtest strategy would involve entering long at the close of the 15-minute candle on 2025-10-12 at 10:00 ET (0.0668), based on a bullish reversal pattern and MACD divergence. A stop-loss could be placed below the 0.0662 level, with a target near the 0.0703 resistance. This setup would aim to capture the upward momentum observed in the final 6 hours. The strategy assumes that the Fibonacci 61.8% retracement at 0.0694 and the 20SMA convergence at 0.0695 would act as strong support zones, reducing the risk of early exits.