Market Overview for S.S. Lazio Fan Token/Tether

Summary
• LAZIOUSDT consolidated around $1.11–1.13, with a bullish engulfing pattern forming at 1.125.
• On-balance volume suggests accumulation near 1.105, with 24-hour turnover of $115,000.
• RSI bottomed at 30, signaling potential short-term oversold bounce.

Market Overview

S.S. Lazio Fan Token/Tether (LAZIOUSDT) opened at $1.117 on 2026-01-14 12:00 ET, hit a high of $1.147 and a low of $1.076, and closed at $1.124 as of 2026-01-15 12:00 ET. The 24-hour volume was 234,409.85 and turnover totaled approximately $115,030.

Structure & Formations

The price formed a bullish engulfing pattern at $1.125, suggesting short-term buying pressure. A key support level appears at $1.105, where price consolidated twice and formed a doji and a small bullish reversal candle. The 5-minute chart shows a descending triangle forming between $1.132 and $1.120, which may offer a breakout opportunity in the next 24 hours.

Moving Averages

On the 5-minute chart, the 20-period MA (1.119) crossed above the 50-period MA (1.117), signaling a potential short-term uptrend. For daily chart context, the 50-period MA is at 1.116, while the 200-period MA sits at 1.109, indicating a mild bullish bias.

MACD & RSI

The MACD crossed into positive territory in the morning, confirming a rally from the $1.105 support. RSI hit 30 at $1.105 and is currently at 52, suggesting a possible short-term rebound. Overbought conditions were briefly observed at $1.135–1.147, but bearish pressure pulled the RSI back below 60.

Bollinger Bands

Volatility expanded during the early hours as price traded between 1.105 and 1.147, pushing the bands wider. Price remains within the upper and lower bands, with the 20-period moving average hovering just above the middle band. A contraction in the bands may precede a breakout.

Volume & Turnover

Volume spiked at 1.125 (6,945.34) during the afternoon and again at 1.136 (31,692.5), confirming buying interest. Notional turnover aligned with these volume spikes, showing no major divergence. A drop in volume at 1.105–1.102 suggests caution among traders.

Fibonacci Retracements

The 61.8% Fibonacci retracement level at $1.120 appears to act as a strong support, with price bouncing off this level twice. A 38.2% retracement at $1.135 also coincided with a key resistance area. On a daily chart, the 50% retracement from the recent swing low to high is at $1.128, which may see renewed pressure in the next 24 hours.

Price appears to have found a near-term base between $1.105 and $1.135. A break above $1.135 could attract more aggressive buyers, but a retest of $1.105 may occur if momentum weakens. Investors should remain cautious as volatility remains elevated and key support/resistance levels are still in play.