Market Overview for Tensor/Tether (TNSRUSDT) – October 22, 2025

• TNSRUSDT declined 2.77% over the last 24 hours, closing at 0.0630 after reaching a high of 0.0696 and a low of 0.0620.
• Volatility remained elevated, with a 7.7% range and several price swings above 1.5%.
• A bearish momentum bias emerged, with RSI hovering near oversold levels and a lack of bullish follow-through.
• Volume increased significantly during the downward leg in the 17:00–23:00 ET window, confirming bearish sentiment.

24-Hour Price and Volume Summary

Tensor/Tether (TNSRUSDT) opened at 0.0680 on October 21 at 12:00 ET and closed at 0.0630 the following day. The pair reached a high of 0.0696 and a low of 0.0620 within the 24-hour period. Total volume across the 15-minute OHLCV data was 12,933,393.0 (amount-weighted), with total turnover (price × volume) at $822,019.

Structure & Formations

The price action on TNSRUSDT showed a bearish breakdown from a key 15-minute consolidation range between 0.0685 and 0.0696, with a key support level forming near 0.0630–0.0635. A series of long lower shadows and bearish engulfing patterns between 17:00–22:00 ET indicated growing pressure from sellers. A doji formed at 0.0631 on October 22 at 02:00 ET, suggesting indecision or a potential short-term reversal.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs both trended downward, reinforcing bearish momentum. The price has been trading below both averages for most of the period, indicating a strong short-term bearish bias. Weekly (daily) averages would suggest that the broader trend is also bearish, with the 50-day and 200-day SMAs likely below the current level.

MACD & RSI

The MACD line crossed below the signal line (bearish crossover), and the histogram contracted into negative territory, confirming bearish momentum. RSI fell to 30–32 at the end of the period, suggesting the pair may be near an oversold level, although a rebound is not guaranteed. A closing above 0.0640 could trigger a temporary bounce, but sustained bullish momentum is unlikely without a reversal pattern or volume confirmation.

Bollinger Bands

Bollinger Bands showed a moderate widening during the 17:00–23:00 ET window, indicating increased volatility. The price remained within the bands for most of the period but approached the lower band near 0.0620–0.0630, reinforcing oversold conditions. The bands have since tightened slightly, indicating a potential pause in volatility. A breakout above the upper band could signal a short-term reversal.

Volume & Turnover

Volume spiked during the 17:00–22:00 ET window, with several candles showing high volume and bearish closes (e.g., at 17:00 ET, volume was 389,662.4 with a close at 0.0681). Turnover also increased during this window, confirming bearish sentiment. However, the most recent candle at 15:30 ET showed a bearish close with moderate volume, suggesting that momentum may be waning.

Fibonacci Retracements

Applying Fibonacci to the key 15-minute swing from 0.0685 to 0.0620, the 61.8% level is at 0.0647, while the 38.2% level is at 0.0653. On the daily timeframe, retracement levels would be based on the larger swing from the recent high at 0.0696 to the current low at 0.0620, with key levels at 0.0656 (38.2%) and 0.0671 (61.8%). A move above 0.0656 could trigger a short-term bounce.

Backtest Hypothesis

Given the current RSI near oversold levels and the bearish divergence in price and volume, a potential short-term reversal strategy could be triggered. A backtest using a 14-period RSI with an oversold threshold of 30 could be evaluated over the past 3 days, assuming the correct ticker symbol is used. This strategy would involve entering long positions when RSI crosses above 30 with confirmation from bullish candlestick patterns or volume surges. The key is to ensure the RSI readings align with actual price and volume dynamics, as divergence can signal false signals.