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Summary
• Price surged past key resistance near 1.172 before reversing lower into Bollinger Band lower bounds.
• Volume spiked during the 1.172 retest, but failed to confirm a breakout, signaling mixed conviction.
• RSI and MACD show weakening momentum despite price gains, suggesting potential near-term consolidation.
• Fibonacci 61.8% retracement at 1.136–1.142 appears to be a key near-term support cluster.
• Downturn after 23:15 ET saw a sharp drop to 1.148, indicating heightened volatility and possible bearish bias.
S.S.
Fan Token/Tether (LAZIOUSDT) opened at 1.16 on 2026-01-17 12:00 ET, reached a high of 1.174, dipped to 1.128, and closed at 1.142 as of 2026-01-18 12:00 ET. Total volume was 161,278.02, with a notional turnover of 185,649.96.Structure & Formations
The 24-hour period featured a strong 5-minute bullish impulse up to 1.174, followed by a bearish reversal and a deep pullback. A key 61.8% Fibonacci retracement level was respected at 1.142, which coincided with a prior support. A potential bearish engulfing pattern emerged after 23:15 ET as the asset dropped through 1.154 and closed at 1.148.
Technical Indicators

Volatility and Bollinger Bands
Volatility spiked during the 1.172 retest and again after 23:15 ET as the price fell below the Bollinger Band lower bound. A contraction in band width prior to the sell-off may have signaled a potential breakout, which failed to materialize.
Volume and Turnover
Volume surged during the key 1.172–1.174 high, but turnover failed to confirm a sustained rally. The largest single-volume candle (2682.22) was accompanied by a price drop, suggesting possible distribution activity.
The price appears to be consolidating near the 1.142–1.143 range, and a break below 1.136 could trigger further downside. Traders should monitor 1.15 as a potential short-term pivot point. Risk remains on the downside in the near term.
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