ASRUSDT Market Overview: Volatility and Breakout on 2025-09-06

• The price of ASRUSDT surged from a 24-hour low of $2.333 to a high of $2.397, with a 2.16% rally observed in the final hours of the cycle.
• Momentum shifted from bearish to bullish during the late-night hours, as RSI crossed above 50 and volume increased sharply.
• Volatility expanded significantly around 07:15 ET, with a strong bullish breakout and a large-volume candle.
• A key support level at $2.358 and a resistance cluster around $2.38–$2.385 were tested multiple times.
• Turnover reached a 24-hour high at $5.9 million during the 07:15–07:30 ET period, confirming the bullish breakout.

AS Roma Fan Token/Tether USDt (ASRUSDT) opened at $2.359 on 2025-09-05 12:00 ET and closed at $2.358 on 2025-09-06 12:00 ET. The 24-hour session saw a high of $2.397 and a low of $2.333. Total volume amounted to 938,802.6 and notional turnover reached approximately $2,229,465.20.

Structure & Formations

The price formed a bullish breakout structure from a consolidation pattern between $2.36 and $2.38. A large-volume candle at 07:15 ET confirmed the breakout. A morning session high at $2.397 acted as a resistance level, while the $2.358–$2.361 range formed a strong support cluster. A bullish engulfing pattern at 07:15 ET confirmed the shift in sentiment.

Moving Averages

On the 15-minute chart, the 20-period moving average crossed above the 50-period line around 07:00 ET, signaling a short-term bullish bias. Daily MA levels showed a more neutral setup, with the 50-period line at $2.366 and the 200-period at $2.378.

MACD & RSI

The MACD histogram turned positive at 07:00 ET and remained bullish until the end of the session. The RSI crossed above 50 at 06:45 ET and peaked near 60, indicating moderate momentum without overbought conditions.

Bollinger Bands

Volatility expanded significantly after the breakout, with the Bollinger Band width increasing from ~$0.01 to ~$0.028. The price remained above the middle band and closed near the upper band, indicating strong short-term bullish pressure.

Volume & Turnover

Volume spiked to a 24-hour high of 30,389.9 at 07:15 ET, confirming the breakout. Notional turnover followed the same pattern, reaching $5.9 million at that time. No major divergences were observed between price and volume.

Fibonacci Retracements

The 2.358–2.397 move saw a pullback to the 61.8% level (~$2.368) before resuming the upward trend. On the daily scale, the 38.2% retracement (~$2.361) acted as a key support level during the morning consolidation.

Backtest Hypothesis

A potential backtesting strategy for ASRUSDT could involve a breakout-based entry around key Fibonacci levels, confirmed by high-volume candlestick patterns and a bullish MACD crossover. Stops could be placed below the 61.8% retracement level (~$2.368), with targets near the 20-period moving average and the upper Bollinger Band. Given the recent volatility, this approach may benefit from tighter timeframes (e.g., 15-minute) to filter out noise and capture short-term momentum.