TNSR/USDT Surges Past 200 MA, Eyes Further Upside
$TNSR
TNSR/USDT is currently trading at $0.3560, up by +1.89%, showing bullish momentum as it broke above a key resistance zone around $0.3478. The price is now trading above the 200-period moving average at $0.3462, which suggests a shift in trend as buyers are taking control.
The RSI is at 65.98, which signals strong bullish momentum but is approaching overbought territory. This suggests that while the uptrend is gaining strength, a short-term pullback or consolidation could occur if buyers take profits.
The MACD is showing a bullish crossover, with the MACD line at 0.0055 above the signal line at 0.0026. The histogram is also positive, reflecting growing upward momentum and confirming the breakout.
Key resistance levels to watch are around $0.3800 and $0.4000. A break above these levels could push the price higher toward the next target of $0.4500.
On the downside, immediate support lies near $0.3478, with stronger support at $0.3300. If the price fails to hold these levels, it may revisit the consolidation zone, but the current bullish momentum suggests further upside is more likely.
Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making trading decisions.
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