Market Overview: S.S. Lazio Fan Token/Tether (LAZIOUSDT) – 24-Hour Analysis

• Price dipped into support near 0.856 before rebounding above 0.87.
• Momentum shifted positively late in the day, with RSI entering neutral territory.
• Volatility expanded significantly during early AM ET, with multiple 15-minute highs above 0.875.
• Volume surged 12x above average during 03:30–04:45 ET, suggesting strong participation.
• Key Fibonacci levels at 0.866 and 0.878 currently appear to be pivotal for near-term direction.

The S.S. Lazio Fan Token/Tether (LAZIOUSDT) opened at 0.865 on 2025-09-23 at 12:00 ET, reached a high of 0.885, a low of 0.856, and closed at 0.877 at 12:00 ET on 2025-09-24. Total 24-hour volume was 152,375.27 tokens, with a notional turnover of approximately $132,589. The asset showed a volatile swing, with sharp retracements followed by a strong recovery.

Structure & Formations

Price action during the 24-hour period exhibited a distinct V-shaped recovery after breaking below the key support at 0.86. A bullish engulfing pattern emerged around 23:30–00:00 ET as price reversed from 0.863 to 0.867. A bearish doji formed near 0.866 at 00:15 ET, indicating indecision. Resistance appears to be forming around 0.876–0.878, with support at 0.866–0.871 being frequently tested.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA late in the day, signaling a potential short-term reversal to the bullish side. The 50-period MA currently sits at 0.873, slightly below the 100-period MA at 0.875, suggesting a cautious but improving trend. The 200-period MA at 0.878 acts as a dynamic resistance level.

MACD & RSI

The MACD crossed above the signal line at 03:30 ET and remained positive until 14:00 ET, reinforcing the bullish momentum. RSI moved from oversold territory (near 30) to mid-range (55–60), indicating a potential exhaustion of downward pressure. However, RSI has shown divergence at 08:00–09:00 ET, suggesting a potential pullback could follow.

Bollinger Bands

Volatility remained narrow until around 03:30 ET, after which Bollinger Bands expanded significantly, indicating a breakout phase. Price has mostly traded within the upper band since 06:00 ET, confirming a bullish breakout. A potential contraction in volatility is forming between 15:00 and 16:00 ET, suggesting a pause or consolidation phase may occur.

Volume & Turnover

The highest volume spike occurred between 03:30 and 04:45 ET, with over 15,000 tokens traded during this period. Turnover during this time was $12,700, confirming a strong price move upward. Volume declined sharply after 11:00 ET, suggesting the bullish momentum may be running out of steam. A divergence between price and volume was observed between 15:00 and 16:00 ET, where price rose but volume dropped, indicating a potential bearish reversal.

Fibonacci Retracements

Fibonacci levels on the 24-hour move (from 0.856 to 0.885) indicate key levels at 0.866 (38.2%), 0.874 (50%), and 0.878 (61.8%). Price found resistance near the 0.878 level during the last two hours of the 24-hour window, suggesting it may act as a short-term ceiling. On the 15-minute chart, the 0.874 level is acting as a pivot for intraday traders.

Backtest Hypothesis

A potential backtesting strategy could focus on detecting the bullish engulfing pattern around 23:30–00:00 ET and entering a long position on confirmation, with a stop loss at the 0.866 level. This strategy would align with the current Fibonacci and moving average signals, targeting the 0.876–0.878 resistance for a risk-to-reward ratio of 1:1.5. If confirmed over multiple sessions, this approach could be further tested against historical data for consistency.