$TNSR Confirmed falling wedge breakout on the daily timeframe, a bullish pattern suggesting a potential 200% rally if retested successfully.
Bullish patterns dominate recent sentiment, but confirmation requires sustained volume and price action above resistance.
Key Technical Indicators
Moving Averages (MA):
50-Day SMA: Previously reported at $0.358138 (March 2025), expected to drop to $0.310079 by April 28, 2025, indicating a bearish medium-term trend.
200-Day SMA: Projected to decrease to $0.443931 by April 28, 2025, suggesting longer-term bearish pressure.
Crossover Analysis: Indicate a bullish signal, with the 50-day SMA crossing above the 200-day SMA, suggesting potential short-term upward momentum.
Interpretation: A bullish crossover could signal a reversal, but declining SMAs suggest caution. Confirm with live charts for current MA positions.
Relative Strength Index (RSI):
Current RSI: No real-time RSI is available,
RSI near 60, indicating moderate upward momentum with room for growth before hitting overbought levels (>70).
Historical Context: RSI readings below 30 (oversold) or above 70 (overbought) are key. TNSR’s volatility suggests it may oscillate rapidly. If RSI is approaching 70, expect potential pullbacks.
Interpretation: RSI around 60 supports cautious optimism, but monitor for overbought conditions if prices surge.
Support and Resistance Levels:
Support: Recent support levels are around $0.13–$0.15, with $0.1487 noted in whale activity. Historical support was tested at $0.22–$0.24 (February 2025).
Resistance: Key resistance levels are at $0.5320, $0.7638, $1.0571, and $1.5000, analyzing breakout patterns. Another post suggests resistance at $0.4750–$0.5000.
TNSR was compressing against resistance, with a breakout potentially targeting $0.5320–$1.5000.
Bullish Case: Breakout above $0.50 could target $0.5320, $0.7638, or $1.0571.
Bearish Case: Failure to hold $0.15 may lead to $0.13 or retesting the all-time low (~$0.22).
Not Financial Advice, DYOR!!
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