Market Overview for S.S. Lazio Fan Token/Tether (LAZIOUSDT) – 2025-10-05

• Price opened at 1.126 and surged to 1.236 before consolidating, ending 12-hour trading at 1.127.
• Strong 15-minute bullish momentum from 17:15–18:00 ET, followed by a pullback into oversold RSI territory.
• Bollinger Band contraction observed between 04:15–05:45 ET, indicating potential low volatility.
• High volume confirmed key breakouts and breakdowns, with total turnover surpassing 4.2M USDT.
• A bearish engulfing pattern emerged at 18:15–18:30 ET, suggesting a short-term reversal risk.

S.S. Lazio Fan Token/Tether (LAZIOUSDT) opened at 1.126 on 2025-10-04 12:00 ET and reached a high of 1.236 during the 24-hour period. It closed at 1.127 on 2025-10-05 12:00 ET, after trading as low as 1.058. Total volume amounted to 7.1M USDT, with notional turnover exceeding 4.2M USDT.

Structure & Formations

The 15-minute OHLC data reveals a notable bearish engulfing pattern forming at 18:15–18:30 ET, where the price opened at 1.162 and closed at 1.161, despite a high of 1.186 and a low of 1.15. This suggests a short-term bearish bias. A bullish pinocchio candle also appeared at 17:15–17:30 ET, with a high of 1.236 and a close of 1.229—this could signal a potential reversal after the sharp move up. A descending triangle structure formed from 17:30–20:45 ET, with a breakout to the downside confirmed at 19:30–19:45 ET.

Moving Averages

On the 15-minute timeframe, the 20-period MA crossed below the 50-period MA, suggesting a bearish crossover. Meanwhile, on the daily timeframe, the 50-period MA remained above the 200-period MA, which indicates a stronger bullish bias in the broader trend. However, the intraday dynamics appear to be taking precedence, with price dipping below the 20-period MA in the final hours of the 12-hour window.

MACD & RSI

The MACD histogram turned negative after 19:00 ET, with a bearish crossover confirmed at 19:15–19:30 ET, reinforcing bearish momentum. RSI bottomed out at 28.2 during the overnight hours (04:15–05:30 ET), indicating oversold conditions and a potential for a rebound. However, a bearish divergence between the RSI and price occurred after 18:30 ET, suggesting that the sell-off may continue despite a brief consolidation.

Bollinger Bands

Bollinger Bands contracted between 04:15–05:45 ET, signaling a period of low volatility and possible consolidation. Price remained within the bands throughout the session, but began to press against the lower band from 05:30–06:30 ET, coinciding with the RSI hitting oversold levels. This could indicate a potential bounce, but traders should monitor for a break of the upper band as a confirmation of a reversal.

Volume & Turnover

Volume spiked during key breakouts and breakdowns—most notably at 17:15–17:30 ET, where 355,527.4 USDT traded hands as price surged to 1.236. Another high-volume breakdown occurred at 18:15–18:30 ET, with 160,874.08 USDT transacted as the price moved lower. The total 24-hour volume of 7.1M USDT and turnover of 4.2M USDT confirm strong conviction in both bullish and bearish moves.

Fibonacci Retracements

Fibonacci retracements applied to the 15-minute move from 1.126 (17:00–17:15 ET) to 1.236 (17:15–17:30 ET) showed price consolidating around the 61.8% level (approximately 1.172), which acted as a resistance zone. Subsequent pullbacks found support at the 38.2% level (1.156). These levels could serve as watchpoints for the next 24 hours, especially given the bearish engulfing pattern at 18:15–18:30 ET.

Backtest Hypothesis

Given the observed 15-minute bearish engulfing pattern and the MACD divergence, a potential short-term sell strategy could be initiated at the close of the 18:15–18:30 ET candle, with a stop-loss placed just above the high of the engulfing pattern (1.186) and a take-profit target aligned with the 38.2% Fibonacci retracement level (1.156). This hypothesis is supported by the RSI’s oversold bounce and the descending triangle breakout. A backtest using a strict 15-minute timeframe, with clear entry, stop, and exit levels, could validate the effectiveness of this setup in similar market conditions.