S.S. Lazio Fan Token Market Overview

• Price opened at 1.036 and closed at 0.975, with bearish dominance evident in the 24-hour candle.
• A key support level formed near 0.970, with price consolidating around this level in the final hours.
• MACD turned negative, RSI moved into oversold territory near 25, suggesting short-term exhaustion in the downtrend.
• Volatility expanded significantly in the early morning hours before settling into a narrow range.
• On-chain volume spiked at 05:15 ET and again at 10:15 ET, both times coinciding with bearish price action.

The S.S. Lazio Fan Token (LAZIOUSDT) opened at 1.036 at 12:00 ET−1 and traded as high as 1.036 before falling to a 24-hour low of 0.960. It closed at 0.975 at 12:00 ET today. Total volume amounted to 645,679.55 with a notional turnover of $634,117.

Structure & Formations

Price formed a broad bearish channel following a sharp selloff beginning at 17:15 ET with a breakdown below 1.000. Key support at 0.970 was tested multiple times over the last 6 hours and appears to be consolidating. A potential bullish engulfing pattern emerged at 06:00 ET but was quickly negated by renewed bearish momentum.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart are both bearishly aligned, with the 20 MA crossing below the 50 MA (death cross). On the daily chart, price remains below the 200-period MA, signaling a longer-term bearish bias.

MACD & RSI

The MACD line turned negative at 19:30 ET and has remained bearish since. The histogram has been declining in magnitude, suggesting waning bearish momentum. RSI dropped below 30 at 03:45 ET and has stayed near oversold territory (25–30), indicating possible short-term stabilisation or a rebound could be on the horizon.

Bollinger Bands

Volatility expanded dramatically from 00:00 ET to 06:00 ET, as price traded between 0.956 and 0.977. Since then, the bands have compressed, and price has been trading near the lower band, consistent with oversold conditions.

Volume & Turnover

Volumes were elevated between 05:15 ET and 07:00 ET, particularly during the breakdown below 0.970. Notional turnover spiked in tandem with these bearish moves, confirming the strength of the sell-off. Recent volume has decreased, indicating a potential pause in selling pressure.

Fibonacci Retracements

From the 1.036 high to the 0.960 low, the 61.8% retracement level sits at 0.989, which held as resistance in the early morning hours. The 38.2% level at 0.996 also failed to attract buyers. Price may find short-term support near the 23.6% retracement at 0.982.

Over the next 24 hours, a rebound from 0.970–0.975 appears likely, but without a strong volume-driven breakout above 0.985, the bias could remain bearish. Traders should remain cautious about a potential retest of 0.960, especially if macro conditions deteriorate further.