TNSRUSDT Bounces From Oversold Levels Amid Volatility Surge

Summary
• Price fell to 0.0392 before rebounding, forming a bullish reversal pattern at 0.0425.
• Volatility expanded significantly post 00:00 ET, with turnover surging over 3x the earlier session.
• RSI reached oversold levels near 0.0392 before bouncing, suggesting potential short-term exhaustion in the downward move.
• Bollinger Bands widened, indicating a period of heightened uncertainty.
• 5-minute candles displayed a large bullish engulfing pattern near 0.0436–0.0438.

Tensor/Tether (TNSRUSDT) opened at 0.0453 on 2026-02-05 at 12:00 ET, reached a high of 0.0468, a low of 0.0392, and closed at 0.0468 by 12:00 ET on 2026-02-06. Total volume was 27.5 million and turnover hit $119,400.

Structure & Formations

Price action showed a significant breakdown to 0.0392 followed by a strong rebound, forming a potential bullish reversal pattern near 0.0425. A large bullish engulfing candle emerged near 0.0436–0.0438, suggesting a short-covering or reversal attempt. Key support appears to be in the 0.0392–0.0418 range, with resistance forming at 0.0445–0.0458.

Moving Averages

The 5-minute 20- and 50-period moving averages crossed below key support levels overnight, confirming the bearish bias. On the daily chart, the 50-period MA appears to be acting as a dynamic support around 0.043–0.044, while the 200-period MA remains above the current price, indicating a medium-term bearish bias.

Momentum and Overbought/Oversold Conditions

RSI reached oversold territory near 0.0392, a level that often precedes a bounce, and remained in a tightening range for much of the session. MACD crossed into positive territory post 05:00 ET, suggesting the emergence of short-term bullish momentum.

Bollinger Bands and Volatility

Volatility increased sharply after 00:00 ET as the Bollinger Bands widened significantly. Price traded near the lower band for much of the session before returning to the middle band, indicating some consolidation and potential setup for a breakout.

Volume and Turnover

Volume spiked after the 00:00 ET low, with a large 15-minute candle accounting for nearly 30% of total turnover. The volume and price divergence in the morning suggests a strong short-term reversal may be in play.

Fibonacci Retracements

A 61.8% retracement of the 0.0392–0.0468 move appears near 0.0446, a level that the price has tested and bounced off twice in the last 6 hours. A break below 0.0432 would suggest a test of the 38.2% level at 0.0413.

Tensor/Tether appears to be consolidating after a significant swing move, with short-term bullish momentum forming around key support. However, the wide Bollinger Bands and uneven volume distribution suggest caution ahead of the next potential move. Investors should watch for a confirmation above 0.0445 for bullish continuation or a breakdown below 0.0432 for further downward pressure.