🚨 $TNSR /USDT ALERT: Consolidation with Potential Breakout Signs! 🚨
TNSR has shown a notable increase of over 15% in the past 24 hours, currently trading around 0.5190. On the 15-minute chart, the price action reflects a period of consolidation following a recent push to 0.5289. This movement hints at a potential continuation if momentum sustains or a retracement if it fails to hold above key support.
📊 Entry Price: 0.5180 (Wait for either breakout confirmation or a bounce off support)
Key Levels to Watch:
Resistance: 0.5314 – A clear breakout above this level could open the doors for further upside.
Support: 0.4956 – Holding above this level is essential to maintain the current bullish trend.
🎯 Take-Profit Targets:
1. 0.5400 – Short-term target in case of a sustained breakout.
2. 0.5600 – Medium-term resistance level if momentum continues.
3. 0.5800 – Higher target for an extended rally.
🔻 Stop Loss: 0.4850 – Placing the stop below the support to limit risk if the trend reverses.
⚠️ Caution: Watch for signs of consolidation around resistance, which may indicate hesitation. A breakdown below support could signal a potential pullback. Keep an eye on volume as confirmation of the next move.