Market Overview for S.S. Lazio Fan Token/Tether (LAZIOUSDT)

Summary
• Price opened at 0.885, reached 0.941, and closed near 0.903 over the last 24 hours.
• Volatility spiked during the overnight session with a strong rally above 0.930.
• Volume surged near 0.925 as the price retracted, suggesting short-term uncertainty.

S.S. Lazio Fan Token/Tether (LAZIOUSDT) opened at 0.885 at 12:00 ET − 1 and rose to a high of 0.941 before retreating to a 24-hour close of 0.903 at 12:00 ET. Total volume reached 302,999.12 with a turnover of $273,766.83, highlighting a strong price movement. The 24-hour range reflects increased activity, particularly in the early morning and overnight hours.

Structure & Formations

The 15-minute chart shows a notable bullish engulfing pattern forming around 03:30 ET, as price surged from 0.925 to 0.936, suggesting a potential reversal of a prior downtrend. Key support levels appear at 0.900–0.905 and 0.885–0.890, with resistance forming at 0.925–0.930 and 0.940. A doji at 01:45 ET suggests indecision, but subsequent follow-through volume confirmed a retest of the prior high.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart show a bullish cross in the early morning hours, aligning with the price breakout from a consolidation range. On the daily chart, the 200-period SMA appears as a strong support line around 0.885. The 50-period MA currently supports the price near 0.900, suggesting that a break above this could confirm a new short-term trend.

MACD & RSI

MACD turned positive after 02:00 ET and showed strength with rising histogram bars, reinforcing the bullish momentum. The RSI reached overbought territory above 65 after 03:30 ET, indicating a possible pullback. However, the strong volume during this period suggests that buyers may be willing to push higher. A close below 0.900 could trigger a bearish RSI divergence, signaling a potential correction.

Bollinger Bands

Price moved outside the upper Bollinger Band for a brief period, confirming a volatility expansion. The most recent 15-minute candles show price trading within the bands, but the band width remains relatively wide, indicating elevated volatility. A contraction in band width may precede a breakout or reversal.

Volume & Turnover

The highest volume occurred around 03:30 ET and 05:00 ET, coinciding with the price's move above 0.930 and subsequent pullback. These spikes were confirmed by a rise in notional turnover, reinforcing the bullish narrative. However, a divergence between price and volume may be forming during the pullback phase, suggesting caution.

Fibonacci Retracements

Fibonacci retracements on the overnight rally (0.903 to 0.941) show key levels at 0.925 (38.2%), 0.915 (50%), and 0.906 (61.8%). The current price near 0.903 aligns with the 61.8% level, which could serve as a near-term support. A break below that level may test 0.900, with the potential for further downward movement.

Backtest Hypothesis

To evaluate the effectiveness of the breakout and support-level trading strategy for LAZIOUSDT, it’s important to confirm the correct ticker and establish precise signal definitions. The backtest would rely on clear definitions such as a “resistance breakout” defined as price closing above the highest high of the past 50 trading days and a “support-level exit” when price closes below the lowest low of the past 20 trading days. With accurate ticker information and risk controls (e.g., stop-loss %, take-profit %, max holding days), a robust backtest can be executed to evaluate the strategy’s viability. This process will include data validation, signal generation, and performance metrics from 2022-01-03 to 2025-11-06.