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

• S.S. Lazio Fan Token/Tether (LAZIOUSDT) closed higher at 0.872, forming a bullish reversal pattern after an early dip to 0.848.
• Momentum picked up in the final 6 hours, with a 15-minute candle closing above 0.873 on strong volume.
• Volatility remained moderate, with Bollinger Bands narrowing earlier in the session before a late expansion.
• Turnover surged during the final push, confirming the upward move and aligning with price.
• RSI moved into overbought territory, suggesting caution for further short-term upside without a pullback.

The S.S. Lazio Fan Token/Tether pair (LAZIOUSDT) opened at 0.851 on 2025-09-22 at 12:00 ET and closed at 0.872 on 2025-09-23 at 12:00 ET, reaching a high of 0.883 and a low of 0.844. Total 24-hour volume was 261,224.25, and notional turnover totaled 223,828.25. The price action showed a strong reversal in the latter half of the session, driven by increased volume and momentum. A bearish correction in the early hours gave way to a steady climb, supported by key support levels.

Structure & Formations

Price tested and rejected at key support levels around 0.848 and 0.855 before rallying. Notable patterns include a bullish engulfing formation at 0.852–0.853 and a potential bearish harami in the 3:00–3:45 ET timeframe. The final 24 hours showed a strong bullish bias, with the price staying above the 20-period and 50-period moving averages on the 15-minute chart, indicating short-term strength. The 50-period SMA on daily data also crossed above the 100-period SMA, suggesting a longer-term trend reversal.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages provided support for the upward move, with the 50-period line acting as a dynamic floor. On the daily chart, the 50-period SMA crossed above the 100-period SMA, forming a golden cross. The 200-period SMA was below the current price, indicating a positive divergence from longer-term averages and reinforcing the bullish trend.

MACD & RSI

The MACD line turned positive in the final 6 hours, with a bullish crossover and increasing histogram size, confirming the upward momentum. The RSI approached overbought territory (70+), reaching a peak of 68.4 in the final candle. While this does not guarantee an immediate reversal, it suggests a potential pullback or consolidation could follow. The RSI divergence with volume during the early bearish phase indicates some caution around short-term overbought conditions.

Bollinger Bands

Bollinger Bands showed a contraction in the early morning hours (ET), followed by a significant expansion as volume picked up. Price remained within the upper band during the final bullish push, suggesting strong conviction in the upward move. This volatility expansion may indicate a continuation or a potential reversal, depending on how price interacts with the upper band in the coming session.

Volume & Turnover

Volume remained moderate early in the session but spiked during the final 6 hours, especially between 07:15–08:30 and 14:15–16:00 ET, aligning with the price surge. Turnover mirrored this pattern, confirming the validity of the upward move. Price and turnover aligned positively, reinforcing the bullish signal and reducing the risk of a false breakout.

Fibonacci Retracements

Fibonacci retracement levels on the 15-minute chart indicated key support at 0.848 (61.8%) and 0.855 (50%). The 0.864 (38.2%) level acted as a minor resistance before the final breakout. On the daily chart, the 0.873–0.875 range is a potential retracement level for the recent bearish swing, suggesting this area could see consolidation or a test of strength.

Backtest Hypothesis

A potential backtest strategy could involve using the 15-minute 50-period SMA as a dynamic entry trigger when the price crosses above it and RSI is above 50. Stops could be placed just below key Fibonacci levels or the lower Bollinger Band. Targets would align with the next Fibonacci retracement and Bollinger Band upper band. This approach would seek to capture short-term directional moves while filtering out noise. Given the recent golden cross and aligned momentum, this strategy appears well-suited for the current price environment and could be backtested on historical data to refine entry and exit criteria.