AC Milan Fan Token Market Overview: 24-Hour OHLCV Analysis for October 6, 2025

• Price traded in a 0.876–0.896 range with a final close near 0.886, suggesting consolidation.
• A bullish engulfing pattern formed around 0.88–0.885 in the midday rebound, indicating short-term buying interest.
• RSI hovered near 50, suggesting neutral momentum with no strong overbought or oversold signals.
• Volatility expanded in the afternoon as Bollinger Bands widened, confirming a shift in directional bias.
• Turnover spiked to over 40K at 19:45 ET, aligning with a breakout toward 0.886, offering confirmation of the move.

24-Hour Price Action Summary

AC Milan Fan Token/Tether (ACMUSDT) opened at 0.878 on October 5 at 12:00 ET and closed at 0.886 on October 6 at the same time, with a high of 0.896 and a low of 0.876 over the 24-hour window. Total trading volume reached approximately 505,734.1, while notional turnover amounted to roughly 434.9 units. The price action reflected a mixed session with a late-day breakout toward higher levels, confirmed by increasing volume and positive candlestick formations.

Structure and Candlestick Patterns

The 15-minute chart displayed several key structures. A bullish engulfing pattern emerged around 19:00–19:30 ET as price moved from 0.88 to 0.886, suggesting a shift in control to buyers. Later, a minor bearish divergence appeared near 0.896 as price peaked with a relatively lower volume, indicating potential exhaustion. A key support level formed around 0.88, where price found repeated buying interest, while a resistance cluster between 0.89 and 0.896 showed increasing selling pressure as the session progressed.

Moving Averages and Momentum Indicators

On the 15-minute timeframe, the 20-period and 50-period moving averages were in a bullish alignment by midday, crossing above key support levels and confirming the upward bias. The 50-period MA acted as a dynamic support around 0.88–0.883. RSI remained within the 40–60 range, indicating balanced momentum. However, MACD showed a narrowing histogram in the morning before flipping to positive territory in the afternoon, confirming a shift in buyer dominance.

Volatility and Bollinger Bands

Bollinger Bands showed a contraction in the early morning, signaling a potential breakout. By 19:00 ET, the bands widened as volatility increased, with price closing near the upper band at 0.896, a strong bullish signal. The expansion was supported by rising volume, particularly in the 19:45–20:00 ET and 06:00–07:00 ET timeframes. This suggests growing conviction in the upward move.

Backtest Hypothesis

The bullish engulfing pattern observed in the 15-minute chart may serve as a robust entry signal if confirmed by volume and a breakout above the 0.886 level. A backtesting strategy could be built on this pattern, combining RSI momentum and Bollinger Band expansion. Entries could be placed on a close above 0.886 with a stop-loss below 0.88 and a target at 0.894. Given ACMUSDT's behavior over the 24-hour period, this strategy appears to align with the observed price action and may offer a favorable risk-reward profile in a trending environment.