Is TNSR Primed for Breakout or Headed for Rejection?Yello, Paradisers! Is #TNSRUSDT gearing up for a powerful breakout, or could we see a sharp pullback from here This is a pivotal moment that could shape TNSR’s next big move.
💎If #TNSR successfully pushes past this key resistance level with a daily close above it, this signals a strong bullish shift A confirmed breakout could propel TNSR upward, aiming for our target area and marking the start of a new momentum phase
💎However, if TNSR is rejected at this resistance, there’s a high probability of a pullback toward the demand zone around 0347 Here, buyers might regroup to build strength and potentially prepare for another attempt at the resistance level
💎In a bearish scenario, if TNSR fails to hold at the demand zone, we could see a move down to the major support area between 0308 and 0287 This level has provided reliable support in previous market moves and could act as a key area for bulls to defend before any deeper drop
💎Bullish invalidation occurs if TNSR breaks below this strong support with a daily close, creating a lower low and signaling potential for further downside.
As always, patience is key. Stay disciplined and stick to your strategy, and remember – we only act when the market confirms our setup. Keep it smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
Tnsrusdtsignal
TNSRUSD Bullish Momentum is Coming. #SOL1. Trend Overview
Downtrend Reversal: The price initially followed a strong bearish trend from around May to mid-July. It seems to have bottomed out around late July and has started to recover, gradually forming higher highs and higher lows, signaling a potential trend reversal from bearish to bullish.
Current Bullish Momentum: The latest price action shows strong upward momentum with a significant daily gain of +12.97%. The breakout suggests that buyers are in control, pushing the price above recent resistance.
2. Key Levels
Support Level: Around $0.3750 – This level has acted as a key support after the breakout. Before the breakout, this area was repeatedly tested as resistance, and now it's likely to act as support. A retest of this zone would confirm it as a solid base.
Resistance Level: The next key resistance level is around $0.7657. This is based on previous price action and the projection drawn on the chart. If the bullish momentum continues, this level could be the next major target.
3. Breakout Confirmation
The breakout above the consolidation zone (~$0.3900 - $0.4200) is a strong signal. Breakouts after a consolidation phase typically lead to extended moves in the direction of the breakout, especially when accompanied by strong volume (though I can't see volume in this image).
A breakout retest may happen, where the price could come back down to retest the $0.4200 region. If it holds as support, this would further confirm the breakout's strength.
4. Price Projection
The chart suggests a potential upward movement targeting around $0.7657, which is quite far from the current price (~$0.4293). This projection is likely based on the previous high or Fibonacci levels.
The path to the target could include minor pullbacks and consolidations, but overall, the upward structure seems intact for now.
5. Technical Pattern
Possible Inverse Head and Shoulders: While not fully confirmed, the price action resembles a possible inverse head and shoulders pattern, especially in the recovery phase. This is a typical bullish reversal pattern. If the pattern holds, the breakout might result in a much larger move.
Conclusion:
The chart shows a bullish breakout after a period of consolidation, indicating a possible trend reversal. If this breakout holds, the price could target the $0.7657 resistance level in the coming days or weeks. However, be mindful of short-term pullbacks or retests around the $0.4200 level. Keep an eye on indicators like RSI and volume for further confirmation of bullish momentum.
TNSR/USDT: Primed for a Bullish Breakout!$TNSR USDT: Bullish Setup 🚀
TNSR is forming a symmetrical triangle, a pattern signaling a potential breakout. The price is consolidating and nearing the apex, preparing for a strong upward move. A break above the triangle's resistance could lead to significant upside momentum. 📈
Entry Point: Current Market Price (CMP) $0.357 USDT
📉 Add more positions on dips to support around $0.32 USDT.
🎯 Targets:
$0.43
$0.49
$0.65 (Final Target)
⛔ Stop Loss: $0.29 USDT to manage risk.
⚖️ Leverage: Use with caution, between 3x and 8x based on your risk tolerance.
DYOR & NFA
#Crypto #TNSR
#TNSR/USDT 150%+ Rally Expected.📈 Quick Trade Setup Alert! 🚀
TNSR is catching our eye right now. Recently listed on Binance, it's trading at a hefty 53% discount from its April 2024 all-time high. Potential target range: $3-4.
Cons to consider:
- Social media presence lacks activity.
- Ideal for quick scalps, aiming for 20-30% gains.
- It's more suited for in-and-out plays.
- Associated with NFT trading on Solana blockchain, not aligning perfectly with current trends.
While technical analysis signals a promising long-term outlook, always DYOR and remember NFA.
If you found this setup appealing, smash that like button! Share your insights in the comments below.
Thank you
#PEACE
TNSR/USDT Break alert! Bullish momentum for TNSR continue upward💎 Paradisers, #TNSR is indeed a coin worth monitoring closely.
💎 Currently, TNSR has successfully broken out of the double-bottom pattern, signaling bullish momentum for the movement ahead.
💎 The price will likely undergo a retesting phase, possibly revisiting the support level, which previously acted as resistance, before continuing its upward trajectory towards the next resistance area around 1.295. If TNSR manages to break above this resistance, it would pave the way for further gains, potentially leading to our target strong resistance area.
💎 However, if TNSR fails to bounce during the retesting phase at the support level of 0.941, resulting in a breakdown below this support, it could indicate a bearish reversal. In such a scenario, TNSR may revisit the major support area around $0.78 - $0.74 to establish a new momentum for a potential bounce.
💎 The major support area at $0.78 - $0.74 has historically proven to be a strong level capable of sustaining TNSR's price from further decline. Therefore, there's a likelihood of a bounce once TNSR reaches this zone, to initiate a new upward movement.
💎 However, if the candle closes below the major support area, it will validate a bearish scenario, signaling further downward movement for TNSR. Monitoring TNSR's price action around these key levels will provide valuable insights into its future trajectory.
MyCryptoParadise
iFeel the success🌴