🚨 $TNSR Trade Idea: Potential Long Setup from Support 🚀
This trade plan focuses on a Long position for $TNSR. The Entry Zone is targeted between 0.0934 and 0.0941.
The Take Profit levels are set at TP1: 0.0980, TP2: 0.1005, and TP3: 0.1040.
A Stop Loss is placed at 0.0918 to manage risk.
📈 Technical Analysis:
On the H4 chart, $TNSR has declined significantly and is now testing the crucial $0.0920 support. The price is showing signs of stabilization and consolidation, suggesting that selling pressure may be easing.
The RSI has moved upwards from its oversold territory, indicating a potential weakening of bearish momentum. This environment could favor a technical bounce or mean reversion rally towards the overhead Exponential Moving Averages.
🛑 Stop Loss Rationale:
The Stop Loss at 0.0918 is positioned just below the recent lowest low of $0.0920. A break below this level would invalidate the current support, suggesting further downside potential.
(TNSRUSDT)
