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


• Price opened at $0.972 and closed at $0.993 within 24 hours.
• High volatility seen with a range of $0.954 to $0.997.
• Volume surged at $149,968 at the 24-hour peak.
S.S. Lazio Fan Token/Tether (LAZIOUSDT) opened at $0.972 on 2025-11-11 at 12:00 ET and closed at $0.993 by 12:00 ET on 2025-11-12. The 24-hour high reached $0.997, while the low dropped to $0.954. Total volume amounted to over 339,139 units, with a notional turnover exceeding $333,600.
Structure & Formations
Price action showed a strong upward reversal, forming bullish patterns such as a morning star and a strong bullish engulfing pattern near $0.972. A key support level appears to have formed around $0.954–$0.956, which held multiple times before the rally. Resistance levels are currently clustering around $0.986–$0.988 and $0.997. A break above $0.997 could extend the uptrend to $1.00–$1.02, while a retest of $0.972 may trigger further consolidation.
Moving Averages
On the 15-minute chart, the 20-period and 50-period moving averages both crossed into a bullish crossover around 2025-11-11 21:00, confirming the short-term upward bias. On the daily chart, the 50/100/200 EMA structure suggests a continuation of the medium-term bull trend, as price remains above all three averages, with the 50 EMA acting as a dynamic support line.
MACD & RSI
The MACD line turned positive and crossed above the signal line around 2025-11-11 23:00, confirming the bullish momentumMMT--. RSI reached 61.8–62.2 levels on the 15-minute chart, signaling moderate strength and indicating the pair is not yet overbought. Divergences between price and RSI were minimal, suggesting the bullish momentum remains intact.
Bollinger Bands
Volatility expanded during the mid-session rally, with Bollinger Bands stretching wide around 2025-11-12 02:00 as price surged above the upper band. Price has since consolidated within the bands, hovering near the upper channel, suggesting continued bullish pressure. A breakout from the upper band could signal a continuation of the upward trend.
Volume & Turnover
Volume spiked significantly around 2025-11-12 02:30 with a large 15-minute candle closing at $0.975, followed by a further push to $0.997 by 07:15 ET. Turnover increased in tandem, confirming the strength of the rally. A divergence in volume and price movement was not observed, indicating the move is well-supported by buying interest.
Fibonacci Retracements
On the 15-minute chart, price retested the 61.8% retracement level of the recent $0.968–$0.973 swing at $0.965 before bouncing higher. The daily chart shows the 61.8% level at $0.973, which has acted as a key support and now as a potential resistance. The 38.2% retracement level at $0.986 has held as a minor support/resistance in the past 24 hours.
Backtest Hypothesis
To evaluate the potential of this market, a backtest strategy could be built around entering long positions on bullish crossovers of the 20/50 EMA on the 15-minute chart, holding until the price breaks above the most recent intraday high over the last 20 candles (3.5 hours). This approach would aim to capture short-term momentum while exiting on clear price action confirmation of strength. The MACD and RSI readings during these entry points also provide additional confirmation of momentum and trend strength. This strategy could be backtested from 2022-01-01 to 2025-11-12 to assess profitability and risk-reward metrics.
Decoding market patterns and unlocking profitable trading strategies in the crypto space
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet