Market Overview for AS Roma Fan Token/Tether (ASRUSDT) – 2025-10-04

• ASRUSDT opened at 2.257 and closed at 2.257, with a high of 2.291 and low of 2.252 over 24 hours.
• Price tested a key resistance at 2.29 and retested 2.26–2.28 support clusters during consolidation.
• Volatility expanded mid-day before contracting overnight, with turnover peaking around 21:15 ET.
• Momentum remained neutral, with RSI hovering near 50 and no clear overbought/oversold extremes.
• Volume spiked during the breakout attempt at 2.29, then declined during consolidation phases.

AS Roma Fan Token/Tether (ASRUSDT) opened at 2.257 on 2025-10-03 at 12:00 ET and reached a high of 2.291 before closing at 2.257 by 12:00 ET on 2025-10-04. Total volume over the 24-hour period was 250,925.6 units, while notional turnover amounted to 559,045.3 USDT. Price action included a brief breakout above 2.29 before pulling back, followed by a gradual decline into the night.

Structure & Formations

The 15-minute chart showed a key resistance zone forming around 2.29 and a cluster of support between 2.26 and 2.28. A bullish engulfing pattern formed at 21:15 ET as price surged from 2.278 to 2.291, suggesting a short-term bullish bias. However, a large bearish candle followed at 21:45 ET, closing at 2.28, which signaled caution. A doji near the daily high at 03:00 ET indicated indecision after an earlier rally.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed around 2.27–2.28 during midday, suggesting a potential short-term equilibrium. Price bounced off the 50-period moving average in the early morning hours, reinforcing a 2.27–2.28 consolidation range. On the daily chart, the 50-period MA sat at 2.265, just below the current close, while the 200-period MA lingered at 2.252, hinting at potential support.

MACD & RSI

MACD remained close to the zero line, with a small bearish crossover at 05:15 ET, aligning with the late-night decline. RSI fluctuated between 45 and 55 for much of the day, indicating balanced momentum. A brief overbought condition appeared at 21:15 ET during the bullish breakout but reversed quickly, reinforcing the idea that the rally was not broadly supported.

Bollinger Bands

Volatility expanded midday as price moved between 2.26–2.29, with the Bollinger Bands widening to accommodate the range. Price closed the session near the lower band, suggesting a potential rebound into the 2.27–2.28 range in the near term. A contraction in the band width during the overnight session suggested a possible continuation of consolidation.

Volume & Turnover

Volume spiked at 21:15 ET during the bullish breakout attempt, with a 12,240.9-unit candle driving price to the session high. However, volume declined significantly after that point, especially after 03:00 ET, indicating waning buyer interest. A divergence between price and volume appeared during the late-night pullback, with a bearish candle at 04:30 ET closing at 2.269 on 16,914.9 units, hinting at a lack of conviction in the move.

Fibonacci Retracements

A 15-minute swing from 2.252 to 2.291 aligned with key Fibonacci levels. Price found temporary support at the 61.8% retracement (2.274) and tested the 38.2% level (2.282) multiple times. On the daily chart, the 61.8% retracement of a recent decline from 2.29 to 2.252 sat near 2.272, which coincided with the consolidation range.

Backtest Hypothesis

A potential backtest could focus on breakout strategies triggered by candlestick engulfing patterns near Fibonacci 61.8% and 38.2% retracement levels, with stop-loss orders placed below key support at 2.263 and take-profit targets at 2.285. MACD crossovers could serve as confirmation signals, and volume spikes could be used to filter entry and exit points. This strategy would aim to capture short-term swings within the defined consolidation range.