$TNSR - SHORT Setup
Entry: 0.0880 – 0.0890 (On a rejection after retesting the breakdown level/resistance zone)
Target 1:0.0850 (24h Low)
Target 2:0.0820
Stop Loss:0.0905 (Above the 24h high and key resistance)
My View:
TNSR is in a powerful and established downtrend,down over 63% in 30 days. The price is consolidating at the lows after another breakdown. The recent bounce attempts are weak and contained within the bearish structure, with the 24h high acting as a firm ceiling. The order book shows more selling interest than buying. The chart exhibits a clear series of lower highs and lower lows. In a trend this strong, the only logical play is to sell rallies into resistance. The $0.0880–$0.0890 area represents previous support and now likely resistance. A rejection there offers a high-probability short entry to ride the downtrend to new lows.
Bias: Bearish below $0.0890. A break and hold above $0.0905 is needed for any bullish reversal signal.
