Market Overview for Tensor/Tether USDt (TNSRUSDT)

• Price surged 2.16% in 24h, forming bullish patterns in late-night trading
• Key support confirmed near 0.1104–0.1107, with resistance at 0.1121–0.1123
• Volatility expanded as price tested 0.1146 highs, then retraced sharply
• RSI suggests moderate overbought conditions; MACD bullish divergences observed
• High-volume rallies in late-night session followed by morning consolidation

Tensor/Tether USDt (TNSRUSDT) opened at 0.1126 on 2025-09-05 12:00 ET and traded to a high of 0.1146 and a low of 0.1102, closing at 0.1112 by 12:00 ET on 2025-09-06. Total volume over the 24-hour window was 1,254,884.4 and total turnover amounted to 140,237.92 USDt. The pair exhibited a volatile overnight rally followed by a morning consolidation phase.

Structure & Formations

The price of Tensor/Tether USDt displayed a clear bullish breakout attempt from the 0.1121–0.1123 resistance level, peaking at 0.1146 before a sharp correction occurred. A significant bearish engulfing pattern formed in the early morning hours as price collapsed from 0.1146 to 0.1102. A multi-hour doji at 0.1115–0.1116 signaled indecision and potential consolidation. The key support level around 0.1104–0.1107 held three times during the morning session, suggesting it could be a short-term floor.

Moving Averages

On the 15-minute chart, the price ran above both the 20- and 50-period moving averages (20SMA ~0.1129, 50SMA ~0.1132) in the early part of the night but fell below them during the correction. On the daily chart, the 50DMA (~0.1121) and 200DMA (~0.1115) were both tested during the morning pullback, with price briefly finding support at the 200DMA before reversing higher.

MACD & RSI

The MACD crossed above the signal line in the late-night rally, forming a bullish divergence as price retracted while the histogram remained positive. RSI reached overbought territory (~72) in the early hours of the morning before declining toward the mid-50s, indicating a moderate momentum slowdown. No clear oversold conditions were observed, though the RSI divergence suggests a potential reversal point if the price tests 0.1104 again.

Bollinger Bands

Volatility expanded sharply in the late-night and early-morning hours, as price moved well above the upper band of the Bollinger Bands, reaching 0.1146. The subsequent correction pushed price below the lower band to 0.1102, signaling a high volatility period. The bands have since begun to contract slightly in the morning hours, suggesting a potential pause in the trend.

Volume & Turnover

Volume spiked during the late-night rally, with over 619,397.9 traded in the hour preceding 04:00 ET. Morning trading saw volume taper off significantly, with most candles forming below 70,000 units, except during the 08:15–08:30 ET period, when volume surged again on a 3.5% price bounce. Turnover mirrored volume patterns, with the majority of trading value concentrated in the late-night and early-morning hours. No significant price-volume divergence was observed.

Fibonacci Retracements

Fibonacci levels from the 0.1102–0.1146 swing indicated 38.2% (~0.1124) and 61.8% (~0.1130) retracement levels, both of which were tested during the morning consolidation. The price found support at the 38.2% level and rejected the 61.8% level twice before stabilizing around 0.1112–0.1113. The 50% retracement level at ~0.1123 served as a minor support/resistance pivot point during the consolidation phase.

Backtest Hypothesis

A backtest strategy could focus on detecting breakouts from the 0.1121–0.1123 resistance area, entering long on confirmation of a close above 0.1123 with volume exceeding 50,000. A stop-loss could be placed below 0.1118, with a target at 0.1135–0.1140. Alternatively, a short setup could be triggered on a rejection of the 0.1135 level, using the bearish engulfing pattern as a visual confirmation. The recent RSI divergence and Bollinger Band expansion provide additional signals for timing such entries.