Market Overview: S.S. Lazio Fan Token (LAZIOUSDT) – 24-Hour Technical Summary

TradeCipherThursday, Jul 17, 2025 12:27 pm ET
2min read
Aime RobotAime Summary

- S.S. Lazio Fan Token (LAZIOUSDT) rose from $0.823 to $0.838 over 24 hours, closing at $0.830 with $122k turnover.

- Technical indicators showed bullish breakout above $0.833, RSI overbought conditions, and expanding Bollinger Bands signaling increased volatility.

- A bullish engulfing pattern at $0.832 and golden cross on moving averages suggest potential for further gains toward $0.843 if resistance at $0.838 is breached.


<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-aime_generated_1752769655122.jpg.png" style="max-width:100%;">

The S.S. Lazio Fan Token (LAZIOUSDT) opened at $0.823 on 2025-07-16 at 12:00 ET, reached a high of $0.838, and closed at $0.830 on 2025-07-17 at 12:00 ET. Total volume was 148,865.18 tokens, and total turnover was $122,027.60 over the 24-hour period.

Summary


• Price formed a bullish breakout above $0.833, followed by consolidation near key resistance.
• Volume surged during the early hours, confirming strength in the $0.832–$0.836 range.
• RSI showed overbought conditions in the morning, suggesting potential pullback risk.
• Bollinger Bands widened midday, indicating increased volatility and potential trend continuation.
• A bullish engulfing pattern formed around $0.832, signaling potential for further upside.

Structure & Formations


The price action over the 24-hour period showed a strong push above $0.833, with a notable bullish engulfing pattern forming on the candle opening at $0.832 and closing at $0.836. This pattern, coupled with a breakout from a narrow consolidation range, suggests short-term bullish momentum. Key support levels appear to be forming around $0.828 and $0.823, while resistance is clustered between $0.836 and $0.838. A doji formed late in the session near $0.830, indicating indecision and a potential pause in the upward move.

Moving Averages


On the 15-minute chart, the 20-period and 50-period moving averages both trended upward during the early and midday hours, confirming the bullish bias. The 50-period MA crossed above the 20-period MA early in the session, forming a potential golden cross. On the daily timeframe, the 50-period MA appears to be approaching the 100-period MA, suggesting a possible convergence that could signal a continuation or consolidation phase.

MACD & RSI


The MACD line showed a strong positive divergence in the morning, confirming the bullish breakout. However, the RSI reached overbought territory above 70, suggesting the asset may be due for a retracement or consolidation phase. The RSI has since pulled back slightly, indicating some profit-taking. The MACD histogram showed a broadening positive bar during the early hours, but it has since flattened, suggesting momentum may be easing.

Bollinger Bands


Bollinger Bands expanded significantly during the early hours of the session, indicating rising volatility. Price traded above the upper band for several hours, reinforcing the strength of the bullish move. As the session progressed, the bands began to narrow slightly, suggesting a potential consolidation phase ahead. Price has since retracted slightly but remains above the 20-period MA, maintaining a bullish bias.

Volume & Turnover


Volume spiked in the early hours, with a large candle opening at $0.832 and closing at $0.836, which saw a volume of 14,265.99 tokens. This volume confirmed the strength of the breakout. However, volume declined slightly in the later hours, suggesting reduced conviction in the upward move. Turnover also followed a similar pattern, with the highest turnover occurring between 00:00 and 04:00 ET. No significant divergence between price and volume was observed, indicating the bullish move remains supported.

Fibonacci Retracements


Applying Fibonacci retracements to the recent swing from $0.823 to $0.838, the price found support at the 38.2% level around $0.832 and tested the 61.8% level near $0.835. The 78.6% level is currently at $0.838, which appears to be acting as resistance. If price breaks above this level, it could target the 100% extension at $0.843. On the daily chart, the most recent swing from $0.82 to $0.838 also shows the 61.8% level at $0.835, reinforcing its importance.

Forward-Looking View


The S.S. Lazio Fan Token appears to be in a short-term bullish phase, with key resistance at $0.836–$0.838 and support at $0.828–$0.823. A break above $0.838 may trigger a test of the $0.843 level, while a retest of $0.828 could offer a buying opportunity. Investors should remain cautious of potential pullbacks, especially if RSI moves into overbought territory again or if volume shows signs of weakening.

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