Market Overview for S.S. Lazio Fan Token/Tether (LAZIOUSDT)
• Price rose from 1.061 to 1.132 before retracing to 1.075.
• Key resistance at 1.111 and support at 1.072 identified.
• High volatility between 17:30–19:30 ET drove a 6.8% spike in turnover.
• RSI reached overbought at 75 during the rally and is now in neutral range.
• Volume surged during the 17:30–19:30 ET breakout but has since declined.
The S.S. LazioLAZIO-- Fan Token/Tether (LAZIOUSDT) opened at 1.061 on 2025-10-05 12:00 ET and closed at 1.075 as of 12:00 ET on 2025-10-06, hitting a high of 1.132 and a low of 1.061 during the 24-hour period. Total volume was approximately 1,000,629.82 units, while total turnover reached $1,095,575.52, reflecting strong price movement and engagement.
The price action showed a strong bullish surge from 17:30–19:30 ET, with price climbing from 1.07 to 1.132, supported by large-volume candles. A key resistance level appears at 1.111, with a breakout to 1.132 marking a 4.3% move. A bearish pullback followed, with price consolidating around 1.075. Notable patterns include a bullish engulfing pattern at the peak and a bearish continuation pattern during the retracement. Support levels at 1.072 and 1.069 are now critical to monitor for further direction.
The 20-period and 50-period moving averages on the 15-minute chart indicate a bearish crossover after the peak, suggesting short-term momentum has shifted. The 50-period moving average is now above the 20-period, reinforcing the bearish bias. On the daily chart, the 50-period MA is above the 100-period and 200-period, suggesting a more neutral to slightly bearish outlook over the next few days. The price appears to be consolidating around the 1.075 level, which is slightly below the 50-period MA.
MACD showed a strong positive divergence during the 17:30–19:30 ET rally, confirming the bullish move, but has since flattened, indicating a potential slowdown in momentum. The RSI hit 75 during the peak, signaling overbought conditions, and has since retreated to 57, suggesting a return to equilibrium. Bollinger Bands expanded during the breakout phase and have now contracted, indicating a period of consolidation. The price is currently near the lower band, suggesting a potential bounce or further pullback if support at 1.072 holds.
Volume was most active during the 17:30–19:30 ET window, with a large-volume candle forming at 1.102–1.111. Notional turnover spiked during this phase, indicating strong conviction in the bullish move. However, volume has declined since, and the current price action suggests that traders are awaiting a clearer direction. A retest of the 1.111 level with increased volume may confirm its role as a key resistance, while a break below 1.072 could open the door to further downside.
Fibonacci retracement levels on the 15-minute chart indicate a critical 61.8% retracement at 1.088, which the price has tested twice. A successful hold above this level could indicate a potential reversal to the bullish trend, whereas a break below could see the price testing the 1.069 level. Daily-level Fibonacci levels also suggest a potential target for further bearish movement at 1.062, aligning with the 61.8% level of the recent swing.
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