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Summary
• Price surged from 0.97 to 1.02 on high volume, forming a bullish breakout pattern.
• RSI reached overbought levels, suggesting potential near-term consolidation.
• Volatility expanded during the early hours, with price testing upper Bollinger Band levels.
• Volume distribution skewed toward the late session, indicating accumulation ahead of 12:00 ET.
• Fibonacci 61.8% level at 1.006 appears to be a key short-term support zone.
S.S.
Fan Token/Tether (LAZIOUSDT) opened at 0.97 on 2025-12-31 12:00 ET, peaked at 1.024, and closed at 1.005 by 12:00 ET on 2026-01-01. Total 24-hour volume was ~83,000, with notional turnover of ~83,400.Structure and Momentum
Price formed a strong bullish breakout during the early morning session, surging past 1.00 and reaching a 24-hour high of 1.024. A series of large bullish candles confirmed the breakout, with a 61.8% Fibonacci retracement at 1.006 acting as support. RSI reached overbought territory near 70, suggesting potential pullback risk, while MACD crossed into positive territory with expanding histogram bars, signaling rising momentum.
Volatility and Volume
Volatility expanded sharply during the 21:30–22:15 ET period as price moved between 1.0 and 1.02. Bollinger Bands widened in tandem with the price action, indicating increased market participation. Volume spiked during the breakout, with over 86,000 tokens traded in one 5-minute interval. Notional turnover also increased significantly, with no divergence between price and volume observed.

Pattern and Positioning
A bullish engulfing pattern emerged around 21:30 ET as price reversed from 0.996 to 1.014. This was followed by a series of higher highs and higher lows, forming a strong uptrend. Price has since consolidated near the 20-period EMA on the 5-minute chart and may test the 50-period EMA at ~1.008 in the next 24 hours.
A key watch level is the 61.8% Fibonacci retracement at 1.006, which could serve as support if price retraces from current levels. Traders may look for a potential retest of the 1.008–1.010 range to confirm whether the breakout is sustainable.
While the current setup suggests continued bullish bias, a pullback below 1.003 could trigger short-term profit-taking and challenge the near-term momentum. Investors are advised to monitor volume and RSI for divergence signs in the coming 24 hours.
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