Market Overview for AC Milan Fan Token/Tether (ACMUSDT)

• Price action saw a 24-hour range of $0.612–$0.634 amid choppy intraday swings.
• Momentum indicators signaled oversold conditions and recovery attempts.
• Volatility increased during the overnight hours, with higher volume and turnover.
• A breakdown below key support levels could signal further bearish momentum.
• Price remains within a tight consolidation pattern, with no clear trend emerging.

AC Milan Fan Token/Tether (ACMUSDT) opened at $0.621 on 2025-11-09 at 12:00 ET and reached a 24-hour high of $0.634 before settling at $0.625 at 12:00 ET on 2025-11-10. Total traded volume over the period was 380,555.3 tokens, with a notional turnover of $237,690. The price remains in a tight consolidation pattern, with no clear breakout in either direction.

Structure & Formations

The 15-minute OHLC data shows a mixture of small-range consolidation and occasional bullish attempts, with no clear trend taking hold. Notable support levels include $0.621–$0.625, while resistance appears to be forming around $0.628–$0.632. A few doji and small bullish engulfing patterns suggest indecision among traders and potential short-term reversal signals.

Moving Averages

On the 15-minute chart, the 20- and 50-period SMAs are closely aligned, indicating a range-bound market. On the daily chart, the 50- and 100-period SMAs are converging, but the 200-period SMA remains above, suggesting a lack of strong bearish momentum over the longer term. Price has not decisively broken below the 50-period SMA, which could act as a short-term floor.

MACD & RSI

The RSI dipped into oversold territory below 30 during the overnight hours, suggesting a potential rebound. However, the recovery failed to produce a strong close above the 50-level. MACD remains near the zero line with a weak histogram, indicating low momentum. The price may need to break above $0.630 to trigger a more sustained bullish move, while a close below $0.620 could confirm bearish pressure.

Bollinger Bands

Volatility expanded during the overnight hours as the price pushed near the upper band before retreating. Currently, ACMUSDT is trading near the middle band, suggesting a continuation of consolidation. A breakout beyond either band would signal a potential trend resumption, but further confirmation would be needed.

Volume & Turnover

Volume spiked during the overnight hours, particularly around the 00:00–04:00 ET period, coinciding with a price attempt to break above $0.630. The increase in volume supports the move but did not result in a sustainable breakout. Notional turnover also rose in line with volume, with no significant divergence between price and turnover. This suggests that the recent activity was driven by genuine participation, not wash trading.

Fibonacci Retracements

Applying Fibonacci to the recent swing high ($0.634) and swing low ($0.612), key retracement levels include $0.625 (61.8%), which ACMUSDT is currently testing. A break below this level would target $0.619 (38.2%), while a rebound above $0.634 could signal a reversal in the bearish trend. On the daily chart, the 50% and 61.8% levels align with key support/resistance levels observed in the 15-minute chart.

Backtest Hypothesis

The RSI Oversold • 5-Day Hold strategy highlights a recurring theme in ACMUSDT: intermittent bullish recoveries eroded by larger drawdowns. The strategy’s reliance solely on a 5-day time-based exit may not be sufficient in a low-liquidity, fan token market such as ACMUSDT. Incorporating additional filters, such as trend alignment with the 200-day SMA or a dynamic stop-loss, could help reduce exposure to deep pullbacks. Given ACMUSDT’s current tight range and low momentum, such a refined strategy may improve risk-adjusted returns in future testing.