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

• Price surged from 0.913 to 0.940 amid strong late-day buying pressure and a bullish breakout.
• Volume spiked 65% in the final 3 hours, reaching 52,500 units, while turnover hit $48,900, a 24-hour high.
• RSI climbed to 62, signaling growing momentum without yet reaching overbought territory.
• Bollinger Bands widened in the afternoon, reflecting increased volatility as the price broke above the midline.
• A bullish engulfing pattern formed around 0.920–0.925, aligning with a key 61.8% Fibonacci retracement level.

The S.S. Lazio Fan Token/Tether (LAZIOUSDT) opened at 0.913 on 2025-09-15 at 12:00 ET, reaching a high of 0.936, a low of 0.901, and closing at 0.940 as of 12:00 ET on 2025-09-16. Total volume was 266,337 units, and turnover amounted to $248,037.

Structure & Formations

The 24-hour chart displayed a strong bullish bias, with the price forming a trend reversal bottom at 0.904 and a bullish engulfing pattern near 0.920–0.925, confirming a breakout above key support-turned-resistance. Resistance levels formed at 0.920, 0.930, and 0.940, with the latter now a new short-term ceiling. A Fibonacci 61.8% retracement aligned with the 0.925–0.930 zone, which the price tested twice, failing to retest the 38.2% level. A doji near 0.935 suggests a potential short-term consolidation.

Moving Averages and Momentum

The 15-minute chart showed the price above both the 20 and 50-period moving averages, indicating continued short-term strength. On the daily chart, the 50-period MA is at 0.920, the 100-period MA at 0.917, and the 200-period MA at 0.915, suggesting the price is well above key trend indicators. The MACD crossed into positive territory in the morning, confirming bullish momentum, with a growing histogram reflecting increased buying pressure. The RSI reached 62, indicating strength but not yet overbought levels.

Volatility and Bollinger Bands

Bollinger Bands showed a volatility expansion in the afternoon and evening as the price surged from 0.920 to 0.940, indicating increased buying activity. The upper band was reached twice, with the most recent at 0.936, suggesting a test of psychological resistance. The price has remained above the 20-period midline for over 6 hours, indicating strong directional bias. A potential contraction phase may follow the breakout, possibly forming a new consolidation pattern near 0.935–0.940.

Volume and Turnover Dynamics

Volume increased significantly during the late afternoon and evening, with the largest single 15-minute candle at 10319.08 units near 0.924. Turnover also spiked in these hours, reaching a 24-hour high of $48,900, suggesting strong institutional or retail participation. The volume–price divergence appeared absent; the price and volume aligned well, confirming the strength of the rally. A bearish divergence may emerge if volume declines while the price continues to rise, but that is not observed yet.

Backtest Hypothesis

The backtest strategy involves entering a long position when the 20-period MA crosses above the 50-period MA on the 15-minute chart (a golden cross), and exiting when the 50-period MA crosses back below the 20-period MA (a death cross). This strategy is reinforced by confirming RSI levels above 50 and price action above the upper Bollinger Band. Given the recent golden cross and RSI in a strong bullish range, this condition may have been triggered between 09:15–10:00 ET. If a death cross occurs and RSI dips below 40, the strategy would trigger an exit, offering a clear risk-reward framework. This approach aligns with the observed breakout pattern and may provide a structured method for capturing short-term bullish momentum.