Market Overview for S.S. Lazio Fan Token

• The S.S. Lazio Fan Token (LAZIOUSDT) advanced from $0.836 to $0.859 over 24 hours, forming a bullish continuation pattern.
• Price found key support near $0.836 and tested resistance at $0.85–$0.86, with volume increasing on the rally.
• RSI rose into overbought territory, while MACD crossed above zero, signaling positive momentum.
• Volatility expanded significantly in the latter half of the session, suggesting increased market participation.
• Fibonacci levels at $0.842 (61.8%) and $0.855 (100%) appear to be relevant for near-term directional cues.

The S.S. Lazio Fan Token (LAZIOUSDT) opened at $0.836 on 2025-08-06 12:00 ET and closed at $0.859 by 12:00 ET on 2025-08-07, with a high of $0.861 and a low of $0.836. Total volume for the 24-hour window was 198,946.87 units, and notional turnover was $167,288.79.

Structure & Formations

The price action displayed a bullish continuation pattern, particularly in the late afternoon and evening hours, with a decisive move above key resistance levels around $0.845 and $0.85. A bullish engulfing pattern formed around $0.845–$0.853, confirming a potential breakout. A bearish doji appeared at $0.855–$0.857, hinting at short-term consolidation or resistance. Support levels at $0.84 and $0.836 were tested and held, indicating strong buying pressure at those levels.

Moving Averages

On the 15-minute chart, the 20-period moving average crossed above the 50-period line early in the session, signaling a shift into bullish territory. The 50-period line closely followed price into the overbought region. For the daily chart, while no full daily data is provided, the 15-minute data suggests the price is above both 50- and 100-period lines, implying a positive bias.

MACD & RSI

The MACD crossed into positive territory in the late evening and remained above zero, suggesting sustained bullish momentum. The histogram showed a steady build-up, indicating strong trend continuation potential. RSI moved into overbought territory (above 70), signaling caution for continuation traders. However, as long as the MACD remains positive and RSI does not top out, the uptrend may persist.

Bollinger Bands

Volatility expanded in the latter half of the session, pushing the bands further out. Price remained near the upper band between $0.85 and $0.861, suggesting a strong bullish bias. A contraction in volatility during the morning suggests a period of consolidation before the breakout, now confirmed.

Volume & Turnover

Volume surged in the late afternoon and into the early hours of the morning, particularly after 10:00 PM ET, as price broke out above $0.85. Turnover spiked in line with price action, showing strong alignment between volume and directional movement. No divergence between price and volume was observed, suggesting price action is well-supported.

Fibonacci Retracements

Applying Fibonacci to the 15-minute swing from $0.836 to $0.861, key levels include $0.842 (61.8%) and $0.855 (100%), with price currently near $0.859, slightly above 100%. On the daily scale, the recent consolidation and breakout from $0.836–$0.861 may suggest a possible 1.618 extension to $0.88–$0.89 as a potential target if the trend continues.

In the next 24 hours, the token may test $0.855–$0.86 as a possible near-term ceiling and consolidate if resistance proves strong. Traders should watch for a pullback to $0.842 or a breakdown below $0.836 as potential risk triggers.