Market Overview for AS Roma Fan Token/Tether (ASRUSDT)
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• ASRUSDT posted a bullish 24-hour close near 1.72, rebounding from a mid-night low of 1.633 on heavy volume.
• Volatility spiked during early morning hours, with a high of 1.738 and a low of 1.633 within 13 hours.
• A strong buying interest emerged post-9:00 AM ET, pushing prices from 1.67 to 1.71 on 380k+ volume.
• Key resistance appears at 1.72–1.73 and 1.75, while support zones are near 1.695 and 1.67.
• RSI and MACD momentum indicators suggest a potential pullback ahead, despite recent strength.
AS Roma Fan Token/Tether (ASRUSDT) opened at 1.689 on 2025-10-13 at 12:00 ET and reached a high of 1.738 during the 24-hour period, before closing at 1.683 on 2025-10-14 at 12:00 ET. The pair traded as low as 1.633 during the session. Total volume amounted to 542,026.1, with a notional turnover of approximately $945,244. Price action showed significant volatility, especially between 12:00 and 9:00 AM ET, where a sharp rebound occurred.
On the 15-minute chart, key resistance levels are forming at 1.72–1.73 and 1.75, with a 1.729 high marking a recent swing top. Support is seen at 1.695 and 1.67, where multiple closes and pullbacks occurred. A bearish engulfing pattern is visible near 1.729, suggesting short-term caution. Additionally, a doji formed at 1.705–1.703, signaling indecision and possible trend reversal.
Moving averages on the 15-minute chart show the price closing above the 20-period SMA at 1.699, while the 50-period SMA is at 1.693. On the daily chart, the 50-period SMA is at 1.689, and the 200-period is at 1.665. The current price is above the 50 SMA but below the 200 SMA, suggesting mixed momentum and a potential consolidation phase.
MACD crossed into positive territory in the morning hours, but with a bearish divergence in volume. RSI rose to 58–59 in the afternoon before dropping to 48 by the close, indicating a potential overbought correction. Bollinger Bands show a recent expansion, with the upper band at 1.738 and the lower at 1.660. Price closed near the upper band on Thursday, suggesting a possible reversal.
Volume was highest during the 9:00–10:00 AM ET period, with a large 380,000-unit candle pushing price from 1.67 to 1.71. Notional turnover also spiked during this time, confirming the breakout. In contrast, overnight volume remained low, despite a sharp move from 1.633 to 1.683. Price-volume divergence during the 6:00–8:00 AM ET period suggests weak follow-through, with price rising but volume falling. Turnover and volume appear aligned during the afternoon rebound.
Fibonacci retracements applied to the 1.633–1.738 swing show the 1.692 level as a 38.2% retracement, where price found temporary support. The 61.8% level at 1.669 was broken during the early morning pullback, adding to the bearish signal. Daily retracements on the 1.665–1.754 move show 1.715 as a 38.2% level, where price could face near-term resistance.
Backtest Hypothesis
The proposed backtesting strategy relies on RSI(14) to identify overbought and oversold conditions. Using a default threshold of RSI < 30 to define oversold entry points and a 3-day sell rule, the strategy aims to capture short-term rebounds. While RSI data for ASRUSDT could not be directly retrieved due to symbol unavailability, the recent 24-hour action shows the token hitting sub-1.68 levels on low volume, potentially fulfilling an oversold condition. If historical data confirms such levels align with RSI < 30, this suggests the asset could benefit from a similar strategy, particularly in a high-volatility niche market like fan tokens.
Descifrar los patrones del mercado y desarrollar estrategias de negociación rentables en el ámbito de las criptomonedas.
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