Market Overview: AC Milan Fan Token/Tether

Summary
• Price found support near 0.566–0.568 and rebounded toward 0.576–0.577.
• Volume spiked during 19:30–19:45 ET as price tested key resistance.
• RSI showed overbought conditions twice, followed by consolidation.
• Bollinger Bands expanded as volatility increased after 19:00 ET.
• Final 5-minute candle closed near upper BB, suggesting momentum may continue.

AC Milan Fan Token/Tether (ACMUSDT) opened at 0.570 on 2026-01-05 at 12:00 ET and closed at 0.578 on 2026-01-06 at 12:00 ET, reaching a high of 0.586 and a low of 0.566 over the period. Total volume was 270,688.1 with a notional turnover of 155,776.45 USDT.

Structure & Formations

Price tested a descending triangle pattern throughout the session, with a breakout attempt around 0.576–0.577. A bullish engulfing pattern emerged near 0.574–0.575, supporting a possible continuation.

Moving Averages

On the 5-minute chart, price closed above the 20-period and 50-period MAs, suggesting short-term bullish momentum. Daily MA trends are neutral with no clear direction at this stage.

MACD & RSI

The MACD showed a positive divergence after 01:00 ET as price pulled back but momentum held. RSI hit overbought levels twice, at 0.577 and 0.581, but failed to sustain above those highs, hinting at potential consolidation.

Bollinger Bands

Volatility expanded after 19:00 ET, with price staying near the upper band in the final 5-hour window. This suggests increased buying pressure and a possible follow-through above 0.578.

Volume & Turnover

Volume surged during the 19:30–19:45 ET period, coinciding with a test of 0.576–0.577 resistance. Turnover confirmed the move, suggesting participation from larger buyers. Divergence between volume and price was minimal, indicating strong alignment.

Fibonacci Retracements

Fibonacci levels on the 5-minute swing from 0.566 to 0.577 showed key retracement levels at 0.572 (38.2%) and 0.575 (61.8%). Price hovered around these levels before surging higher, suggesting short-term buyers found those areas attractive.

Looking ahead, ACMUSDT appears to have momentum above 0.576, with resistance at 0.581 and support at 0.573. A break above 0.580 could extend the move, but consolidation or a pullback below 0.575 may trigger bearish continuation. Investors should monitor for volume confirmation or divergence during the next 24 hours.