Summary
• Price traded between 1.114 and 1.148 with a 0.21% decline at 12:00 ET.
• Momentum waned after midday ET as RSI dipped into oversold territory.
• Late session saw a sharp volume spike to 21.6k LAZI, signaling possible support testing.
S.S.
Fan Token/Tether (LAZIOUSDT) opened at 1.116 on 2026-01-15 at 12:00 ET and reached a high of 1.148 before closing at 1.123 on 2026-01-16 at 12:00 ET, with a low of 1.114. Total volume amounted to 258,262.2 LAZI and notional turnover of 288,893.70 USD over 24 hours.
Structure & Formations
Price action on the 5-minute chart showed a bearish breakdown below a prior support level at 1.125, with a potential bullish engulfing pattern forming at 04:30–04:45 ET as price reversed toward 1.145. A doji formed around 03:00 ET, signaling indecision, while the low at 1.114 may mark a near-term floor.
Moving Averages
On the 5-minute chart, the 20-period and 50-period MAs converged around 1.127–1.130, acting as dynamic resistance during the morning hours. The 50-period MA appears to be holding strong as a key reference point, with price dipping below it for the first time during the late afternoon session.
MACD & RSI
The MACD line turned negative after 06:00 ET, reflecting fading bullish momentum. RSI dipped below 30 after 02:00 ET, signaling oversold conditions that have not yet triggered a strong reversal. A weak recovery in the 04:30–05:00 ET window suggests buyers may be testing the 1.125–1.127 range.
Bollinger Bands
Volatility remained elevated throughout the session with a high of 1.148 near the upper band and a low of 1.114 near the lower band. The bands widened after 04:30 ET, coinciding with the largest price swing of the day, indicating increased uncertainty and potential for a consolidation phase.
Volume & Turnover
Volume surged past 21,000 LAZI at 07:30 ET as price dropped from 1.138 to 1.127, suggesting short-term profit-taking. Turnover expanded in the 04:30–05:00 ET window, confirming the strength of the bounce off 1.125. A divergence between volume and price in the final hour suggests cautious positioning ahead of a potential reversal.
Fibonacci Retracements
Fibonacci levels applied to the 1.114–1.148 move show 61.8% at 1.131 as resistance and 38.2% at 1.128 as support. The 1.125–1.127 area aligns with a 50% retracement level, indicating a possible consolidation zone.
S.S. Lazio Fan Token/Tether appears to have settled into a consolidation phase around key Fibonacci and moving average levels. While the bearish breakdown below 1.125 may not yet be confirmed, a retest of 1.127–1.129 could trigger renewed interest. Investors should watch for a decisive move above or below this range, as it could signal the next directional phase. A strong follow-through in volume and price will be critical to confirm momentum.
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