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$TNSR /USDT Analysis: Is the Bottom In? 📊
Tensor (TNSR) is showing some interesting movement on the charts today. As the leading NFT marketplace protocol on Solana, all eyes are on whether TNSR can reclaim its bullish momentum.
🔍 Technical Breakdown:
Current Price: ~$0.072 - $0.074
Support Zone: Strong historical support is holding firm around the $0.068 – $0.070 range. Bulls need to defend this level to avoid a deeper reset.
Resistance Levels: The immediate hurdle is $0.085. A clean breakout above this with high volume could trigger a rally toward the $0.115 psychological resistance.
RSI: Currently sitting in the neutral zone (around 45-55), suggesting that the market is undecided but has plenty of "fuel" left for a move in either direction.
💡 Why Keep an Eye on TNSR?
Solana Dominance: Tensor still commands a massive 60–70% of the Solana NFT market share.
Tokenomics: The recent supply burns and fee redirection to the treasury (100% of marketplace fees) are long-term bullish catalysts for TNSR holders.
Accumulation Phase? We are seeing sideways consolidation, which often precedes a volatility spike. Smart money often eyes these "boring" phases for entry.
📈 Trading Strategy:
Bullish: Look for a 4H candle close above $0.086 for a long entry toward $0.130.
Bearish: If we lose the $0.065 support on the daily close, stay cautious as we might test lower demand zones.
What’s your move? Are you Accumulating or Waiting? 👇
#TNSR #Solana #NFTs #CryptoAnalysis #BinanceSquare $TNSR