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

Summary
• Price rose from $0.987 to $1.017, forming bullish engulfing and inside bars.
• Strong momentum in final hours, with RSI approaching overbought territory.
• Volume surged in final 6 hours, confirming price strength.
• Bollinger Bands showed contraction early, followed by expansion.
• 61.8% Fibonacci retracement at $1.004 aligned with key support-turned-resistance.

S.S. Lazio Fan Token/Tether (LAZIOUSDT) opened at $0.987 on 2025-12-19 12:00 ET, reached a high of $1.017, and closed at $1.016 on 2025-12-20 12:00 ET. Total volume for the 24-hour window was approximately 92,646.99 LAZIO with a turnover of ~$94,493. The price action reflects a clear upward bias, with late-day volume and momentum confirming strength.

Structure & Formations

The 5-minute chart showed a bullish engulfing pattern at the 20:30–20:45 ET window, as well as a series of inside bars preceding a breakout above $1.00. A key support-turned-resistance level at $1.004 held twice and eventually broke on 2025-12-20 06:00 ET. The price settled near the upper Bollinger Band in the final hours, indicating increasing volatility and strong conviction in the rally.

Moving Averages and Momentum

A clear cross of the 20-period and 50-period moving averages occurred mid-session, reinforcing the upward trend. The MACD showed a bullish crossover with increasing positive divergence. RSI approached 75 by the end of the period, signaling potential overbought conditions and a possible pause or consolidation phase ahead.

Volume and Turnover Dynamics

Volume remained steady until the final 6 hours, when it spiked sharply—especially between 06:00 and 09:00 ET. This increase was accompanied by a proportional rise in turnover, confirming the strength of the upward move. No significant divergence was observed between price and turnover, reinforcing the validity of the trend.

Fibonacci and Volatility

On the 5-minute chart, the $0.987–$1.017 swing saw a 61.8% retracement at $1.004, a level that held and eventually broke to the upside. Bollinger Bands contracted during the first 4 hours of the session, then expanded as the rally accelerated, suggesting a potential shift toward a more active phase of price discovery.

The asset appears to have entered a strong bullish phase, supported by high-volume consolidation and positive momentum. While the recent move suggests further upside potential, a pullback to test the $1.004–$1.006 range could occur. Investors should remain cautious of overbought indicators and the risk of profit-taking in the coming 24 hours.