Summary
•
formed key support near 0.0792–0.0794 and tested resistance at 0.0804–0.0815 on 5-minute charts.
• Price spiked above 0.0851 briefly but failed to sustain momentum, suggesting short-term overbought conditions.
• Volume surged during 22:15–22:30 ET, confirming the rally, but diverged afterward as price declined.
• RSI overbought at 80+ during the 22:15–22:30 ET spike, followed by a sharp correction.
• Bollinger Bands expanded during the 22:15–22:30 ET rally, signaling heightened volatility.
Market Overview
Tensor/Tether (TNSRUSDT) opened at 0.0792 on 2025-12-29 12:00 ET, reached a high of 0.0863, touched a low of 0.0792, and closed at 0.0805 on 2025-12-30 12:00 ET. Total volume traded over 24 hours was 18,222,453.4, with a notional turnover of $1,492,798.34.
Structure & Formations
Price action on the 5-minute chart showed a strong bearish reversal pattern after a sharp 5-minute bullish engulfing pattern near 0.0851. A key support cluster at 0.0792–0.0794 held multiple times, preventing a deeper decline. A doji formed at 0.0811–0.0812 around 05:45 ET, suggesting indecision and potential reversal.
Moving Averages
On the 5-minute chart, price broke above the 20 and 50-period moving averages during the 22:15–22:30 ET rally, only to fall back below them after 05:00 ET. On the daily chart, TNSRUSDT remains above the 50 and 100-period MAs, but below the 200-period MA, indicating a mixed-term bearish bias.
Momentum and Oscillators
MACD showed a bullish crossover during the 22:15–22:30 ET rally, aligning with the price surge, but turned bearish after 05:00 ET. RSI reached overbought territory at ~80 during the 22:30 ET high and dropped sharply, signaling a potential pullback.
Volatility and Bollinger Bands
Bollinger Bands expanded during the 22:15–22:30 ET surge and tightened afterward, suggesting a possible period of consolidation. Price remained within the bands throughout, but tested the upper band multiple times.
Volume and Turnover
Volume surged during the 22:15–22:30 ET rally, confirming the bullish breakout, but declined afterward as price corrected. Notional turnover mirrored this pattern, with a peak of ~$64,839.84 at 22:15 ET. Divergence between rising price and declining turnover after 05:00 ET hints at weakening buying interest.
Fibonacci Retracements
The 5-minute swing from 0.0792 to 0.0863 saw key retracement levels at 0.0827 (38.2%) and 0.0801 (61.8%). Price stalled near both levels before continuing lower, indicating psychological resistance.
The 24-hour session appears to have ended with bearish momentum, as price closed below the intraday high and RSI declined sharply from overbought levels. While support at 0.0792–0.0794 remains intact, traders should monitor for a break below this level, which could trigger further downside. Forward-looking, volatility may remain elevated in the next 24 hours if the market tests key levels again. Investors should remain cautious and watch for potential divergences in volume and momentum.
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