Not every bounce after a drop is a reversal. Sometimes it's just sellers taking a break.
$TNSR dumped from 0.04433 to 0.03744 in one move. Now it's bouncing. But look at the volume on this bounce — it's light. Price is struggling to hold above 0.04050. The structure still favors sellers.
EMA20 and EMA50 are sloping up, but EMA200 at 0.03879 is below. RSI at 53 — not oversold, just neutral. This feels like a retest, not a reversal.
🔴 SHORT $TNSR
Entry: 0.04040 – 0.04070
SL: 0.04150
🎯 TP1: 0.03950
🎯 TP2: 0.03850
🎯 TP3: 0.03750
Timeframe: 15m
Setup fails if price closes above 0.04120.
Bounces after big drops can trap buyers. This one might be setting up for that.
DYOR. Not financial advice.
$TNSR #Binance #BinanceSquare #cryptosignals
$TNSR dumped from 0.04433 to 0.03744 in one move. Now it's bouncing. But look at the volume on this bounce — it's light. Price is struggling to hold above 0.04050. The structure still favors sellers.
EMA20 and EMA50 are sloping up, but EMA200 at 0.03879 is below. RSI at 53 — not oversold, just neutral. This feels like a retest, not a reversal.
🔴 SHORT $TNSR
Entry: 0.04040 – 0.04070
SL: 0.04150
🎯 TP1: 0.03950
🎯 TP2: 0.03850
🎯 TP3: 0.03750
Timeframe: 15m
Setup fails if price closes above 0.04120.
Bounces after big drops can trap buyers. This one might be setting up for that.
DYOR. Not financial advice.
$TNSR #Binance #BinanceSquare #cryptosignals