Tensor (TNSRUSDT) Market Overview: Bullish Consolidation After Volatile Correction

• Tensor (TNSRUSDT) formed a strong bullish engulfing pattern near 0.1286–0.1289 with high volume.
• Price retraced to 0.1242–0.1245, a key 61.8% Fibonacci support from 0.1286–0.1242.
• RSI reached oversold territory by 12:00 ET, hinting at potential near-term recovery.
• Volatility expanded significantly during the 19:45–20:00 ET session with a massive 1.3M volume spike.
• Bollinger Bands widened and price tested the lower band multiple times, suggesting a volatile consolidation.

Tensor (TNSRUSDT) opened at 0.1252 on 2025-08-24 at 12:00 ET, reached a high of 0.1316, and closed at 0.1192 by 12:00 ET the next day. Total volume was 7,990,341.4 and turnover amounted to $957,803.00 over 24 hours. Price swung sharply from an intraday high to a 24-hour low amid a large-volume candle and retraced toward key Fibonacci levels.

Structure & Formations

Tensor formed a bullish engulfing pattern between 0.1286–0.1289 on the 15-minute chart, supported by strong volume. The price then entered a corrective phase, forming multiple small bearish and bullish bodies within a tight range before a sharp 0.1286–0.1242 retracement. A key 61.8% Fibonacci level at 0.1242–0.1245 provided temporary support, which was tested twice. A long lower wick on the candle closing at 0.1242 suggested rejection of further downside.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were in bearish alignment by 04:00 ET, suggesting short-term weakness. By 10:00 ET, the 20-period MA began to cross above the 50-period MA in a potential golden cross. Daily MA levels showed 50-period above 100-period but below the 200-period, indicating a sideways-to-bullish bias over a longer timeframe.

MACD & RSI

The 15-minute MACD showed a bearish divergence in the early session but turned bullish by 09:00 ET as price found a base. The RSI dropped into oversold territory (below 30) by 12:00 ET, indicating potential for a rebound. However, RSI also showed bearish divergence in the earlier hours, suggesting underlying bearish momentum before the consolidation began.

Bollinger Bands

Bollinger Bands expanded significantly during the 19:45–20:00 ET session as price dropped from 0.1286 to 0.1245 in a single candle. Price remained near the lower band for much of the next six hours before moving toward the center line as volatility reduced. This suggests a period of consolidation after the sharp correction.

Volume & Turnover

A key volume spike occurred during the 19:45–20:00 ET candle (1.3M volume) as price dropped over 3% in 15 minutes. This was the largest single candle volume, and turnover spiked alongside it, indicating strong conviction in the move lower. Volume then decreased as price entered a consolidation phase, with turnover and volume showing a positive correlation through the final session.

Fibonacci Retracements

The 0.1286–0.1242 swing formed a key 61.8% Fibonacci retracement at 0.1242–0.1245. Price paused at this level twice, indicating strong support. A subsequent 0.1245–0.1207 swing formed a 38.2% retracement at 0.1236, which was tested and rejected. These levels may serve as potential zones of interest for the next 24 hours.

Looking ahead, Tensor may find near-term support around 0.1242 and resistance at 0.1285. A break above this level with increasing volume could signal a resumption of the prior bullish trend. However, traders should remain cautious of potential volatility and divergences in the RSI if the price struggles to hold above 0.1205.