TNSR is currently hovering around $0.1097, the problem is that it has fallen below the short, medium, and long-term moving averages. The 7-day moving average is at 0.111, the 25-day at 0.116, and the 99-day moving average has even pumped to 0.132—these three lines are pressing down, creating a typical short positions pattern.



The price has ground down from the previous range, recently hitting a low of 0.1091. Looking upwards, the area from 0.112 to 0.116 serves as the first hurdle (which happens to align with the short-term and medium-term moving averages), while the real tough resistance is at the 99-day moving average near 0.13. As for the downside? 0.109 is the current support, and if it cannot hold, the range from 0.10 to 0.09 may need to be tested.

Trading volume? It has clearly shrunk, and is slightly leaning towards the sellers. The conclusion is straightforward: the trend is still bearish, unless the buying pressure can pump the price back above the short-term moving average and stabilize, otherwise this downward pressure is unlikely to ease in the short term.
TNSR5,43%
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