Market Overview for S.S. Lazio Fan Token/Tether (LAZIOUSDT) – 2025-11-13

Summary
• Price moved between 0.95 and 0.98 over 24 hours, with key resistance near 0.98.
• Late-night volatility pushed the token to a 24-hour high of 0.98 on 2025-11-13 07:45 ET.
• Volume surged to over 46k in the early hours, confirming bullish momentum.

Opening Narrative

S.S. Lazio Fan Token/Tether (LAZIOUSDT) opened at 0.951 on 2025-11-12 12:00 ET, reached a 24-hour high of 0.982, and closed at 0.976 by 12:00 ET on 2025-11-13. Total volume over the 24-hour period was 346,155.91, while notional turnover stood at approximately 326,893 USD. The token displayed a strong bullish bias, especially in the 04:45–08:00 ET window.

Structure & Formations

The price formed a strong bullish continuation pattern in the early morning hours, particularly from the 04:45–06:00 ET timeframe, marked by a sharp 2.7% upward move. Key support levels were identified at 0.940 and 0.925, with resistance levels forming at 0.98 and 0.982. A bullish engulfing pattern was observed at 05:00–05:15 ET, signaling potential continuation above 0.97.

Moving Averages

On the 15-minute chart, the 20-EMA crossed above the 50-EMA just before the 05:00 ET spike, forming a golden cross. On the daily chart, the 50-day EMA is slightly below the 200-day SMA, suggesting a long-term bullish bias but not yet a breakout. The token appears to be consolidating above its 50-EMA, indicating a potential continuation of the upward trend.

MACD & RSI

The MACD crossed above the zero line around 05:00 ET, confirming the bullish momentum. The RSI briefly touched overbought levels above 70 during the 05:00–06:00 ET surge, suggesting a potential pullback. However, it remained above 50 for most of the period, indicating sustained buying pressure.

Bollinger Bands

Price action in the early morning showed a sharp break above the upper Bollinger Band, indicating a significant volatility expansion. This breakout came after a period of consolidation between the bands. The current price is still above the upper band, suggesting continued strength and a potential target near 0.99 in the short term.

Volume & Turnover

Volume spiked significantly in the 04:45–08:00 ET timeframe, with the highest 15-minute volume reaching 46,410.56. This was accompanied by a 1.8% price increase, confirming the bullish nature of the move. Notional turnover also rose in sync with the price movement, providing further validation of the strength in buying interest. No major price-volume divergences were observed.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 0.925–0.982 swing, key levels were observed at 0.954 (38.2%) and 0.968 (61.8%). The price has bounced off the 61.8% level and is currently testing the 78.6% extension at approximately 0.995, suggesting a potential short-term target ahead.

Backtest Hypothesis

Given the observed bullish patterns and strong volume confirmation, a backtesting strategy could be built around selling at key resistance levels. A practical approach would involve defining resistance as the most recent swing high and using the close of the signal day for entry/exit execution. If the resistance is not reached, a fallback exit at the end of the day or after 3 holding days could be applied. A stop-loss of 2% and a take-profit target of 5% could add risk control. Using these rules, the detected Bullish Engulfing patterns in the 05:00–05:15 ET period would have provided high-probability entries.

Forward-Looking View and Risk Caution

The market appears to be in a favorable environment for further upside, with strong volume and momentum indicators supporting a potential move toward 0.99. However, traders should remain cautious of a pullback to 0.97–0.965, where the RSI could signal a potential reversal. As always, managing risk with a stop-loss is crucial in a volatile market.