$TNSR is frying in the square!
This plot is too familiar! TNSR has simply copied the classic move of MEME coins—first a twofold increase in 24 hours, with contract longs making a killing, and the Binance square filled with profit screenshots;
But the joy didn't last long, as the price entered a narrow range of fluctuations, unable to squeeze out even 5%. Some rushed to escape the top, while others hurried to buy the dip. In fact, this “surge followed by consolidation” tactic has long been figured out by the market!
Why did it suddenly surge?
To put it simply, it's a three-way resonance of emotion, capital, and positive news! Although the overall market is not doing well, the MEME sector has maintained its heat, coupled with TNSR having the endorsement of the Binance ecosystem, with community support reaching a peak. Capital flooded in, liquidity was instantly drained, and the price violently broke through all resistance zones. Even more astonishing, the project party quietly announced cooperation news at this time, with the dual buffs of trend and positive news, the trading volume expanded 8 times in one day, this upward momentum cannot be stopped!
So what is the consolidation doing now? It’s not that the main force is running away!
In fact, this is the standard move after the MEME coin surge:
1. Profit-taking + hesitation of new funds
The early investors who accumulated at low levels have doubled their floating profits and are definitely looking to cash out. Meanwhile, new funds wanting to enter hesitate to chase high, resulting in a temporary balance of buying and selling forces, keeping the price stuck there.
2. Main force washing the盘 + accumulating
During consolidation, the fluctuations are small, and the trading volume shrinks by more than half compared to the surge, clearly indicating that the main force is cleaning up floating positions—washing out the retail investors who can't hold on, quietly accumulating for the next round of increase.
3. Long and short testing period
The main force just uses the consolidation to test the selling pressure above and the buying strength below, not in a hurry to push up nor allowing the support to break, waiting to see which side of the longs or shorts can’t hold on first.
4. Liquidity re-accumulation
A surge has consumed most of the short-term funds, and consolidation is waiting for new funds to slowly flow back in, plus the overall market is still fluctuating, TNSR chooses to stabilize for a while to avoid crashing harder after a too rapid rise.
