$TNSR has experienced a notable decline of -4.725% over the past 24 hours.
Trading ranged between 0.1584 and 0.1487, indicating significant volatility.
Currently, it’s operating within Bollinger Bands, with the upper band at 0.157 and lower at 0.1486.
The price sits just above the critical support level of 0.1487, suggesting it’s vulnerable to further declines.
Market sentiment remains bearish, likely influenced by broader macroeconomic factors, including rising inflation concerns.
As Bitcoin's correlation remains undefined, it adds uncertainty to TNSR's movements.
Traders may consider a short-term approach to capitalize on potential rebounds but should remain cautious.
Key takeaway: Monitor the macroeconomic landscape as it significantly affects price action in this downtrending environment.
