Market Overview for AC Milan Fan Token/Tether (ACMUSDT)

• Price traded in a narrow range for most of the session before surging sharply past 0.672.
• High volume surges coincided with key upward moves, suggesting strong institutional or large-cap participation.
• RSI and MACD indicated growing bullish momentum during the late ET session, though signs of overbought conditions emerged.
• Volatility expanded as price broke above key intraday resistance and retested Bollinger Band upper limits.
• No strong bearish reversal patterns emerged; a bullish continuation appears probable unless a key 0.676–0.680 level fails to hold.

The ACMUSDT pair opened at 0.662 on 2025-10-25 12:00 ET and closed at 0.671 one day later. It reached a high of 0.677 and a low of 0.662, with a total volume of 1,132,660.6 and a turnover of $755,968.6 over the 24-hour window. Price action remained range-bound until a late surge on heavy volume pushed the pair beyond 0.672.

Key support levels appear to be in the 0.665–0.667 range, where the price tested multiple times during the day, while resistance expanded past 0.672 to 0.676 as the session progressed. A notable bearish divergence appeared in the 15-minute chart around 09:30 ET, but it failed to hold as momentum reversed. A bullish breakout above 0.676 could suggest further moves toward 0.680–0.685. The 20-period moving average crossed above the 50-period during the late ET session, reinforcing bullish momentum.

Volatility expanded significantly in the latter part of the session, as Bollinger Bands widened from a pre-12:00 ET compression phase. ACMUSDT remained near the upper band, suggesting strong upward pressure. RSI crossed into overbought territory after 1:30 AM ET, indicating that a pullback or consolidation phase may be ahead, though strong volume suggests buyers remain in control. The MACD showed a bullish crossover and expanding histogram, supporting a continuation in the current direction unless a significant bearish catalyst emerges.

Fibonacci retracement levels showed ACMUSDT tested the 61.8% level (0.673) and rebounded strongly, suggesting a possible move to the 78.6% retracement of 0.680. No major bearish candlestick patterns emerged; instead, a series of bullish continuation formations, including a bullish breakout and a few long lower shadows, dominated the late session.

Backtest Hypothesis: I attempted to retrieve “Bullish Engulfing” signals for ACMUSDT, but the data-source reported that asset information for this symbol is not available. This likely means that the symbol is either not covered by the current data provider, listed under a different code/market, or too new to have the required historical data. To proceed, one could confirm the exact exchange-specific symbol (e.g., ACMUSDT is the correct format on Binance), provide an alternative, better-known symbol, or supply a list of known “Bullish Engulfing” signal dates for ACMUSDT to continue the backtest.

Looking ahead, ACMUSDT is positioned to test key resistance at 0.676–0.680. A sustained break above this level with increasing volume could signal a strong bullish trend. However, a pullback into the 0.670–0.672 range could offer a retest of support before any further directional movement. Traders should remain cautious about overbought RSI levels and watch for potential bearish divergences or volume contractions as risk signals.