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

• Price declined from 0.847 to 0.823 before reversing and closing at 0.836.
• Momentum weakened mid-day but regained strength after 0.825 support held.
• Volume surged during key support tests but tailed off toward the close.
• RSI showed oversold conditions mid-day, but recovery was modest.
• Bollinger Bands contracted around 0.825–0.835, signaling potential for a breakout.

Market Overview and Opening Summary

S.S. Lazio Fan Token/Tether (LAZIOUSDT) opened at 0.846 on 2025-09-25 12:00 ET and reached a high of 0.847 before falling to a low of 0.823. The price closed at 0.836 at 12:00 ET on 2025-09-26. Total trading volume over the 24-hour period was approximately 132,833.71 units, with notional turnover amounting to around 108,207 USDT.

Structure & Formations

Price action revealed key support levels at 0.825 and 0.832, with the former holding strong during a mid-day pullback. A bearish engulfing pattern formed around 0.839–0.832, followed by a potential bullish reversal near 0.825. A doji was observed at 0.831, suggesting indecision near the mid-range. Resistance appears to be forming between 0.836 and 0.839, where buying pressure has stalled multiple times.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both crossed below key swing lows, reinforcing bearish momentum. For the daily chart, while not fully visible in the 15-minute data, the 50-day and 100-day moving averages would likely show a flattening or slight uptrend, suggesting a medium-term consolidation phase may be in play.

MACD & RSI

The MACD line dipped below the signal line during the mid-day sell-off, confirming bearish momentum. RSI dropped into oversold territory (below 30) near 0.825 but failed to trigger a strong rebound, hinting at potential buyer fatigue. RSI has since recovered to neutral levels (around 50), indicating a balance between buyers and sellers.

Bollinger Bands

Bollinger Bands contracted between 0.825 and 0.835, signaling a period of low volatility and potential for a breakout or reversal. The price remained within the bands for most of the session, staying closer to the lower band during the 0.825–0.828 consolidation phase. A breakout above 0.839 would likely test the upper band resistance.

Volume & Turnover

Volume surged during the key support test at 0.825, with over 5,421.11 units traded, followed by confirmation during the 0.829–0.834 rebound. Turnover mirrored this pattern, with the largest amount traded around 0.825–0.829. However, both volume and turnover began to tail off after the 0.836–0.839 consolidation, indicating weakening conviction in the recent recovery.

Fibonacci Retracements

Fibonacci levels were key during the intra-day pullback, with the 61.8% level around 0.825–0.828 acting as a strong support zone. The 38.2% retracement at 0.831–0.833 marked a critical pivot point during the rebound. On the daily chart, the 61.8% level appears to be near 0.835–0.838, suggesting a potential resistance cluster.

Backtest Hypothesis

Given the price structure and volume behavior, a viable backtesting strategy would involve setting a long entry at 0.825 (the confirmed support level) with a stop-loss just below 0.823 and a take-profit at 0.838. A short entry could be initiated at 0.839 during a breakout failure, with a stop above 0.841 and a target at 0.828. This strategy would capitalize on the defined support and resistance zones and the potential for a volatility breakout or continuation.