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Summary
• Price surged above 1.150 before consolidating near 1.170.
• Strong volume spikes confirmed a bullish breakout in the 21:15–21:45 ET window.
• RSI shows moderate momentum with no overbought/oversold signals.
• Bollinger Bands narrowed pre-breakout, then expanded post-1.160.
• No key reversal patterns, but a potential bullish engulfing forms near 1.168.
S.S.
Fan Token/Tether (LAZIOUSDT) opened at 1.142 on 2026-01-16 at 12:00 ET, hit a high of 1.198, a low of 1.140, and closed at 1.171 at 12:00 ET on 2026-01-17. Total volume was 237,920.56 and turnover reached 267,896.82.Structure & Formations

Moving Averages
On the 5-minute chart, price closed above the 20 and 50-period moving averages for most of the session, reinforcing a bullish bias. While the daily MA structure is not directly visible in this 5-minute data, the 5-minute chart shows no signs of reversal or bearish divergence.
Momentum & Volatility
The RSI remained within neutral territory (50–60), indicating moderate momentum with no signs of overbought conditions. Bollinger Bands were narrow before the 1.160 breakout and expanded afterward, signaling increased volatility. Price held above the upper band for a short period after the breakout, but failed to maintain it, suggesting possible consolidation.
Volume & Turnover
Volume surged in the 21:15–21:45 ET window as price moved from 1.171 to 1.193, confirming the bullish breakout. Turnover also rose sharply during this period, aligning with the price action. However, volume dipped after the peak, which may indicate some profit-taking and reduced follow-through demand.
Key Levels & Fibonacci Retracements
Fibonacci retracement levels from the 1.140 to 1.198 move suggest 1.175 (38.2%) as a potential target, followed by 1.168 (50%) as a psychological level. A breakdown below 1.160 would trigger a test of the 1.155–1.150 support zone.
The market appears to be in a bullish momentum phase with confirmed breakouts and supportive volume. A move toward 1.175 could follow, but a pullback below 1.168 may trigger short-term profit-taking. Investors should watch for any divergence in RSI and volume to confirm the strength of the current trend.
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