Market Overview for AS Roma Fan Token/Tether (ASRUSDT) – 2025-10-01

• • •

• Price surged to 2.312 before consolidating around 2.27–2.28.
• Momentum picked up midday with volume spiking over 100,000 on key 15-minute candles.
• RSI shows overbought conditions in the late afternoon; no clear divergence between price and turnover.
• Bollinger Bands tightened into the evening, hinting at a potential breakout.

The AS Roma Fan Token/Tether (ASRUSDT) opened at 2.212 on 2025-09-30 at 12:00 ET and closed at 2.27 on 2025-10-01 at 12:00 ET, reaching a high of 2.312 and a low of 2.203 during the 24-hour period. Total trading volume was 1,114,736.5 with a turnover of 2.478 million USD.

The price action reveals a bullish reversal after a midday dip, with a 2.312 high on 15-minute bullish momentum. A strong 18:15–19:00 ET rally confirmed a 2.27–2.28 consolidation zone. A bearish engulfing pattern appears at 19:15–19:30, suggesting a short-term pullback. A doji at 23:45 ET signals indecision near 2.27, which could serve as a potential pivot level.

Structure & Formations

Key resistance levels are at 2.278–2.282 (from 18:15–18:45 ET), and 2.298 (from 18:30 ET). Support levels are at 2.268–2.27 (from 22:15–23:30 ET) and 2.259 (from 17:15–17:30 ET). A strong 20-period moving average crossed above the 50-period around 18:15 ET, confirming a bullish bias.

Moving Averages

The 20-period and 50-period SMAs on the 15-minute chart are converging toward 2.27–2.28, suggesting continued consolidation ahead. The 50-period SMA appears to be acting as dynamic support. The daily 50-period SMA is at 2.265, while the 200-period SMA is at 2.245, implying that ASRUSDT remains above its longer-term trend.

MACD & RSI

MACD turned positive at 17:30 ET, confirming bullish momentum, with a strong 18:15–18:45 ET divergence. RSI hit an overbought reading near 70 at 18:15–18:45 ET, but price did not show signs of exhaustion. RSI dipped below 60 in the evening, indicating potential profit-taking.

Bollinger Bands

Price spent the afternoon within the upper band, reflecting high volatility. A tightening of the bands from 23:30 ET onward suggests a potential breakout. If the 2.27–2.28 range is tested again, a break above the upper band may signal a continuation of the bullish trend.

Volume & Turnover

Volume spiked to 150,705.9 at 18:15–18:30 ET, confirming a strong rally. Turnover was consistent with price action, showing no material divergence. The late-evening volume drop below 7,000 suggests reduced participation, but no bearish reversal signs emerged.

Fibonacci Retracements

Applying Fibonacci to the 2.203–2.312 swing, 2.27 marks the 50% retracement, a level where price has tested twice in the late afternoon and evening. A break above 2.281 (61.8%) could signal further strength, with 2.303 as the next key target.

Backtest Hypothesis

A potential backtest strategy involves entering long positions at the 2.27 level when RSI crosses above 50 and MACD turns positive, with a stop-loss placed below the 2.264 pivot. Targets would be set at 2.285 and 2.298, based on the 61.8% and 100% Fibonacci extensions of the 2.203–2.312 swing. Given the recent volume confirmation and lack of bearish reversal patterns, this setup appears to offer a favorable risk-reward profile.