Tensor/Tether (TNSRUSDT) Market Overview: 2025-10-11

• TNSRUSDT opened at 0.0943 and closed at 0.0706, with a 24-hour low of 0.0266 and high of 0.0953.
• A sharp bearish breakdown occurred around 21:00 ET, with over 4 million USD traded in a single 15-minute interval.
• Volatility expanded significantly, pushing price below key Fibonacci support and triggering oversold RSI conditions.
• Bollinger Bands widened as the price drifted toward the lower band, signaling potential for a bounce.
• High volume divergence emerged between price and turnover in the final hours, suggesting short-term consolidation.

Tensor/Tether (TNSRUSDT) opened at 0.0943 on October 10 at 12:00 ET and closed at 0.0706 by October 11 at the same time. The pair reached a high of 0.0953 and a low of 0.0266 within the 24-hour window, with a total volume of 30.7 million USD and a turnover of approximately $30.7M. The price action reveals a strong bearish bias with key technical signals suggesting overbought conditions have reversed.

Structure & Formations

TNSRUSDT formed a strong bearish pattern after the 21:00 ET candle, where price dropped from 0.0915 to 0.0419 within 15 minutes. This large bearish body was followed by a sequence of lower lows and higher volume. A key support level appears to have formed around 0.067–0.068, where the price has bounced off multiple times over the past 6 hours. The formation of doji and long lower shadows near this support suggests traders are beginning to test it for strength. No major resistance was broken during the session, with price retreating from 0.0709–0.0710 several times.

Moving Averages

On the 15-minute chart, TNSRUSDT has crossed below both the 20 and 50-period moving averages, confirming a short-term bearish bias. The 50-period MA is approaching the 0.068 level, which may act as a dynamic support. On the daily chart, the price remains well below the 200-period MA (not shown directly), indicating a broader bearish trend that has been in place for several cycles.

MACD & RSI

The MACD line has turned negative and is trending downward with a bearish histogram, reinforcing the downward momentum. The RSI has fallen into oversold territory (below 30) in the last 30 minutes, signaling potential for a near-term bounce. However, the RSI remains well below its 50-period average, suggesting bearish energy may persist until a clear reversal signal emerges.

Bollinger Bands

Volatility has expanded significantly, with the Bollinger Bands widening over the past 6 hours. The price has spent the last 2.5 hours near the lower band, reaching as low as 0.0672–0.0680. A retest of the upper band (currently at ~0.0710) could be expected if buyers step in at or near the lower band. A break above the upper band would signal a short-term reversal in momentum.

Volume & Turnover

Volume spiked sharply at 21:00 ET, with over 4.9 million USD traded in that 15-minute period. This was the largest volume spike of the day and coincided with the most significant price drop. Turnover in the final 6 hours has been uneven, with volume and turnover diverging slightly as price has approached key support. A volume surge above 0.0710 could confirm a bullish reversal, while continued low volume at 0.067–0.068 may indicate bearish exhaustion.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent swing high (0.0915) and the low (0.0419), the 61.8% level is now at ~0.0665, where the price has found temporary support. The 38.2% level (~0.0713) has been tested multiple times but failed to hold. A close above the 61.8% level could indicate the start of a short-term rally. Over the daily timeframe, the 50% retracement from the broader move remains untested.

Backtest Hypothesis

Based on the observed price action and technical signals, a potential short-term trading strategy could involve entering a long position if the price bounces off the 61.8% Fibonacci level at 0.0665 and closes above the 50-period MA. A stop-loss could be placed below the recent low at 0.0652, with a target at the 38.2% retracement level of ~0.0713. This approach aligns with the RSI’s entry into oversold territory and the price nearing the lower Bollinger Band. The strategy assumes a consolidation phase is in progress and that the current support level holds.