Market Overview: ACMUSDT 24-Hour Analysis

• ACMUSDT fluctuated between $0.871 and $0.901, closing near 0.894 after a volatile 24-hour session.
• A late-session rally pushed prices above the 0.89 level, supported by increased volume and bullish momentum.
• RSI and MACD suggested overbought conditions after the 14:45 ET surge, hinting at potential pullback risk.
• Bollinger Bands showed price hovering near upper limits during the 15:00–16:00 ET peak.
• Volume spiked to 81,450.2 at 14:45 ET, aligning with a key breakout from the 0.876–0.891 range.

AC Milan Fan Token/Tether (ACMUSDT) opened at $0.89 on 2025-10-06 12:00 ET and traded between $0.871 and $0.901 before closing at $0.894 on 2025-10-07 12:00 ET. Total 24-hour volume reached 793,123.9, while turnover hit $693,922.6. Price displayed a strong late-day rally, with a bullish breakout confirmed by elevated volume and a 61.8% retracement of the prior bearish swing.

Key support was identified at the 0.886–0.888 range, while resistance moved up to 0.891–0.893 after the 14:45 ET move. A large bullish engulfing pattern formed during this period, reinforcing the breakout narrative. A 50-period moving average on the 15-minute chart remained below price, signaling ongoing momentum, while the 200-period daily MA acted as a key psychological floor during earlier corrective waves.

MACD crossed above the signal line in the afternoon, confirming bullish momentum, with RSI peaking near 75 during the 15:00–16:00 ET session. This overbought reading may invite short-term profit-taking. Volatility expanded after 14:45 ET, with price touching the upper Bollinger Band at 0.892, indicating increased buying pressure. However, divergences between volume and price during the 13:45–14:15 ET pullback suggest caution for further longs.

Fibonacci retracements showed ACMUSDT finding demand at 38.2% (0.885) and 61.8% (0.889) levels during intraday swings. The 0.893–0.895 range now serves as a critical area to watch for potential consolidation or further upside.

The strategy relies on a combination of MACD crossover, RSI overbought conditions, and a bullish engulfing pattern as entry signals. A stop-loss would be placed below 0.886 to protect against a breakdown, with a take-profit target aligned with 0.893–0.895 resistance. Position sizing should adjust with increased volatility, and entries should avoid late-formation spikes to reduce whipsaw risks.

ACMUSDT may test key resistance at 0.893–0.895 in the next 24 hours, with momentum indicators suggesting potential pullback. Traders should monitor the 0.886 level as a critical support zone.