Market Overview for AS Roma Fan Token/Tether (ASRUSDT)

Summary
• Price rallied from 1.536 to 1.552 amid surging volume and bullish momentum in early ET hours.
• A 1.546 support held firm, followed by a 1.552 overbought RSI divergence signaling potential reversal.
• Volatility expanded significantly with a 1.54–1.552 Bollinger Band range, suggesting potential consolidation.
• A large 5,769.2 volume candle near 1.547 confirmed strength, but a bearish engulfing pattern later emerged.
• Fibonacci 61.8% at 1.543 may offer near-term support, with 1.524 as the next key level.

AS Roma Fan Token/Tether (ASRUSDT) opened at 1.538 on 2026-01-05 12:00 ET, reaching a high of 1.552 and a low of 1.524 before closing at 1.525 at 12:00 ET the next day. The 24-hour volume was 146,578.2, with total turnover of 221,251.19.

Structure & Formations

The pair displayed a strong rally from 1.536 to a peak at 1.552, supported by a cluster of large-volume bullish candles in the 08:15–10:45 ET window. A bearish engulfing pattern formed around 11:45–14:00 ET, followed by a key bearish divergence in the RSI. A 1.546 support level was tested multiple times, most recently with a failed rebound to 1.552.

Moving Averages

On the 5-minute chart, the 20-period MA crossed above the 50-period MA in early ET hours, supporting the bullish bias. However, the 50-period MA began to flatten after 14:00 ET, suggesting waning momentum. Daily MAs remain neutral, with no clear trend yet established.

MACD & RSI

The MACD showed a bullish crossover early in the 24-hour window, but the histogram has since contracted, signaling fading momentum. RSI peaked at 72 and declined sharply, suggesting a potential overbought correction. A reading below 50 may indicate bearish reacceleration.

Bollinger Bands

Volatility expanded sharply between 10:00–14:00 ET, with the upper band reaching 1.554 and the lower hitting 1.524. Price currently resides near the lower Bollinger Band, suggesting a possible rebound. A sustained close below the 1.524 low could trigger a wider consolidation phase.

Volume & Turnover

A massive volume spike occurred at 08:15 ET (74,226.2 volume) with a corresponding 114,884.79 turnover, indicating strong buying pressure. However, volume has declined sharply since 14:00 ET, with price continuing lower. A divergence between price and volume may suggest weakening conviction in the current move.

Fibonacci Retracements

The 5-minute swing from 1.536 to 1.552 shows a 61.8% retrace at 1.543 and a 38.2% retrace at 1.547, both acting as potential pivot points. The daily chart Fibonacci levels from the 1.524 low suggest 1.539 as a near-term support if the trend reverses.

The market may attempt a short-term rebound from 1.524, but bearish momentum appears to be gaining strength. Investors should remain cautious of a deeper pullback if the 1.536 level is retested.