Summary
• Price opened at $0.0467 and closed at $0.0466 with a high of $0.0479 and low of $0.0436.
• Volatility expanded during the day, with Bollinger Bands showing clear price divergence.
• Volume surged over 250k in the final 15-minute candle, confirming a bullish reversal.
Tensor/Tether (TNSRUSDT) opened at $0.0467 at 12:00 ET on 2025-11-04 and closed at $0.0466 by 12:00 ET on 2025-11-05. The price reached a high of $0.0479 and touched a low of $0.0436 during the 24-hour window. Total volume reached 5,698,167.1, with a notional turnover of $261,264.50. Price action shows signs of a bearish to bullish shift late in the session.
Structure & Formations
A key support level appears at $0.0453, where the price found a floor after a sharp decline in the early part of the session. A potential resistance is forming around $0.0479, marked by a failed attempt to break above this level. Notable candlestick patterns include a bearish engulfing pattern at $0.0454 and a bullish engulfing pattern near $0.0466, indicating a potential reversal in sentiment.
Moving Averages
On the 15-minute chart, the 20-period moving average crossed above the 50-period line in the late morning, suggesting a short-term bullish bias. Meanwhile, the 50-period daily moving average remains above the 200-period line, indicating a medium-term bullish trend. However, the 100-period daily moving average is still below the price, suggesting caution on longer-term expectations.
MACD & RSI
The MACD line crossed above the signal line in the afternoon, reinforcing the bullish momentum. The RSI peaked at 68 and dipped below 50 in the evening, signaling weakening momentum. While the RSI is not in overbought territory, it does suggest that the bullish phase may be maturing.
Bollinger Bands
Bollinger Bands widened significantly in the afternoon as volatility increased, with the price pushing above the upper band around $0.0479. However, the price later retracted and closed near the middle band at $0.0466, suggesting the upper resistance may be holding.
Volume & Turnover
Volume surged to 258,363.3 in the final 15-minute candle as the price rallied to $0.0479, signaling strong buying interest. However, the following candle saw a decline in volume and a pullback in price, indicating some profit-taking. Turnover mirrored the volume pattern, with the largest notional turnover seen at $0.0479 and $0.0466.
Fibonacci Retracements
On a 15-minute swing from $0.0436 to $0.0479, the 61.8% Fibonacci level is at $0.0464—where the price consolidated in the final hours. On a daily basis, the 38.2% retracement level is at $0.0460, where the price found support in the morning. These levels could act as short-term pivots in the coming session.
Backtest Hypothesis
The technical setup suggests that a backtest using Bullish Engulfing patterns could be informative. Given that the data for “TNSRUSDT” is available, the strategy would involve entering long positions on confirmed Bullish Engulfing candles and holding for 3 days. This strategy depends on accurate pattern identification, so verifying the ticker symbol or providing known Bullish Engulfing dates would be necessary to proceed with the backtest.
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