Check out TNSR insights during 20251125 20:00 UTC
Long article:
Tensor (TNSR) shows recent price volatility and strong upward momentum, driven by trading activities and bullish technical indicators. In conclusion,
1. Technical momentum: TNSR shows bullish EMA crossovers and positive MACD histogram, indicating the continuation of upward momentum.
2. Market activity: Recent sharp price breakouts and trend status highlight significant market interest.
3. Supply Concentration: High concentration supply from top wallets is a potential risk to the market.
Positives
1. Price Breakout: TNSR recently showed a sharp breakout, jumping from a low of 0.1343 to a peak of 0.1860 before stabilizing, demonstrating clear strength from buyers and bullish momentum.
2. Bullish Technical Indicators: The MACD shows a bullish crossover with a positive histogram, and the EMA 7, 25, and 99 are arranged in an upward trend, with RSI values indicating strong momentum.
3. Market Interest: TNSR is one of the best-performing currencies among Solana, leading search operations, supported by trading flows exceeding $5.8 million, indicating increased interest and participation from the market.
Risks
1. Rejection at Resistance Levels: TNSR faced repeated rejections from a key resistance level, indicating strong selling pressure at high prices and suggesting a potential downward movement.
2. Supply Concentration: The top 10 wallets hold about 68% of the total TNSR supply, increasing price risk and market concentration, making the currency sensitive to movements from large stakeholders.
3. Increasing Volatility: The currency is characterized by high volatility, where the price significantly corrects itself quickly from its recent peak, and ATR values as the price approaches the upper limit of the Bollinger Bands indicate ongoing and irregular price fluctuations.
Community Sentiment
1. General Community Sentiment: There is a clear divide in the expectations of the TNSR community, with some expressing great optimism about further breakouts and bullish targets, while others warn of repeated rejections from resistance levels and the risks associated with supply concentration.
