Summary
• Price surged above 0.0730, capped by a bearish engulfing pattern near 0.0743.
• Volume spiked 300% post-0.0730, confirming the break, but RSI shows momentum slowing.
• Volatility expanded through Bollinger bands; key support at 0.0724 appears intact.
Tensor/Tether (TNSRUSDT) opened at 0.0715 on 2026-01-13 12:00 ET, reached a high of 0.0751, a low of 0.0714, and closed at 0.0736 as of 2026-01-14 12:00 ET. Total volume for the 24-hour period was 10,183,168.3, and notional turnover amounted to $743,996.9.
Structure & Formations
Price pushed through a 0.0730 psychological level, creating a bullish breakout confirmed by rising volume. A bearish engulfing pattern emerged near 0.0743, signaling potential reversal pressure. Support levels at 0.0724 and 0.0718 appear intact, with a doji forming at 0.0733 indicating indecision.
Moving Averages
On the 5-minute chart, the 20-period SMA crossed above the 50-period SMA early in the session, affirming bullish momentum. The daily 50-period SMA currently sits near 0.0725, acting as a dynamic support level.
MACD & RSI
MACD showed a strong bullish crossover in the morning, but momentum has since diverged. RSI, now at 52, has moved into neutral territory after reaching 68 mid-session, suggesting overbought conditions may be resolving.
Bollinger Bands
Volatility expanded significantly during the breakout, with price pushing well above the upper band. A contraction is now forming, potentially signaling a period of consolidation ahead.
Volume & Turnover
Volume spiked dramatically post-0.0730, with the 22:15–22:30 ET period showing the highest notional turnover. Price and turnover moved in tandem during the breakout, providing confirmation, but recent divergence suggests weakening conviction.
Fibonacci Retracements
On the 5-minute chart, price found key resistance at 0.0743 (61.8% level) before retreating. On the daily chart, a 38.2% retrace level near 0.0730 has become a pivot area, now likely to be a focal point for near-term direction.
Price appears to be at a decision point, with a breakout confirmed but early signs of exhaustion. A retest of 0.0730–0.0735 could precede a directional move, but risks include a reversal if bearish pressure intensifies above 0.0740.
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