Market Overview for S.S. Lazio Fan Token (LAZIOUSDT)

• The S.S. Lazio Fan Token (LAZIOUSDT) declined by ~5% over the past 24 hours amid thin volume and bearish momentum.
• A bearish engulfing pattern emerged after the asset hit a 24-hour high of $0.866 before retreating to $0.84.
• Volatility expanded in the early morning hours as price broke below key support at $0.85 and accelerated lower.
• RSI hit oversold territory near 25, suggesting potential for a short-term bounce but not a reversal.
• High volume in the $0.84–$0.85 range suggests accumulation or distribution activity at recent lows.

The S.S. Lazio Fan Token (LAZIOUSDT) opened at $0.863 on 2025-07-21 at 12:00 ET, reached a high of $0.866, and fell to a low of $0.835 before closing at $0.848 at 12:00 ET on 2025-07-22. Total volume over the 24-hour period was ~228,380 tokens, with a notional turnover of ~$191,560.

Structure & Formations

The 24-hour price action formed a bearish engulfing pattern following a failed attempt to break above $0.866. Key support levels identified include $0.85 (broken), $0.84 (tested twice), and $0.835 (recent low). Resistance levels are seen at $0.855, $0.86, and $0.865. A long lower shadow at $0.835 suggests potential buying interest at those levels, but a bearish continuation appears likely unless a strong reversal candle emerges.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are both bearish, with price trading below both. On the daily chart, the 50-period MA is at ~$0.86, and the 200-period MA is at ~$0.855, indicating a bearish bias in the short to medium term. Price is currently consolidating below the 50-period MA, suggesting further downside could be in play.

MACD & RSI

The MACD line turned bearish in the final hours of the 24-hour period, with the histogram showing a negative divergence. RSI dropped to ~25 by 06:00 ET, entering oversold territory, which may offer a short-term bounce but does not signal a reversal. The indicator appears to be in a bearish momentum phase, with little sign of a near-term reversal.

Bollinger Bands

Volatility expanded significantly in the early hours of the morning, with the upper band reaching $0.866 and the lower band dropping to $0.835. Price traded near the lower band for much of the session, indicating oversold conditions. A consolidation phase is likely ahead, with potential for a mean reversion within the band range.

Volume & Turnover

Volume spiked at key support levels, particularly around $0.85 and $0.84, with high turnover seen in the 05:00–07:00 ET timeframe. Price and volume moved in alignment during the bearish breakdown, confirming the strength of the move lower. No significant divergence was observed, suggesting the bearish trend is likely to continue unless a large-volume reversal occurs.

Fibonacci Retracements

On the 15-minute chart, the most recent bearish swing from $0.866 to $0.835 saw price testing the 61.8% retracement level at $0.85. A failure to hold above that level suggests a possible extension to the 78.6% retracement near $0.84. On the daily chart, key Fibonacci levels for the larger move from $0.866 to $0.835 are $0.85 (38.2%), $0.845 (50%), and $0.84 (61.8%), with the latter offering a potential short-term floor.

While the S.S. Lazio Fan Token appears to be in a bearish consolidation phase, a short-term bounce from oversold levels is possible. However, a sustained reversal is unlikely without a clear break above $0.855. Investors should remain cautious, as volatility and momentum indicators suggest a high probability of continued downside in the next 24 hours.