Market Overview for AS Roma Fan Token/Tether (ASRUSDT)

Summary
• Price formed a bullish engulfing pattern near 1.153–1.157 at 07:45–08:00 ET, signaling potential short-term reversal.
• RSI hit oversold levels below 30 in early hours, suggesting downward momentum may be exhausted.
• Volatility expanded significantly from 1.23 to 1.145 as Bollinger Bands widened, indicating heightened uncertainty.
• Turnover surged during the 1.17–1.185 rally, with 38,450 ASRUSDT traded at the peak of the recovery phase.
• Price failed to close above 1.168 multiple times, highlighting a key short-term resistance cluster.

AS Roma Fan Token/Tether (ASRUSDT) opened at 1.224 on 2025-12-17 at 12:00 ET, reached a high of 1.238 and a low of 1.144, and closed at 1.161 by 12:00 ET on 2025-12-18. Total volume was 384,500 ASRUSDT, with notional turnover of $450,500.

Structure & Formations

A bullish engulfing pattern emerged around 07:45–08:00 ET, with a candle opening at 1.153 and closing at 1.158 after a low of 1.155, indicating a short-term reversal signal. A key support zone appears to be forming around 1.151–1.153, which held multiple times during the 24-hour window. No strong bearish reversal patterns were observed, but price has failed to close above 1.168 on three occasions, suggesting resistance consolidation.

Moving Averages and Momentum

Price remained below its 20- and 50-period moving averages for most of the session, indicating short-term bearish bias. However, the 50-period line showed a slight upward turn near the close, hinting at mild recovery. RSI reached oversold territory early in the session, dipping below 30 before bouncing, which may suggest a temporary bottoming process. MACD showed a narrowing histogram and a flattening line, indicating waning bearish momentum.

Volatility and Bollinger Bands

Volatility spiked as price dropped from 1.23 to 1.145, with Bollinger Bands expanding significantly.

Price has since remained within the bands, but has not tested the upper boundary of 1.17–1.185 again. A contraction in volatility could precede a directional break, particularly if volume rises with price.

Volume and Turnover

Volume and turnover surged during the 1.17–1.185 rally, reaching a peak of 2536.9 ASRUSDT at 14:00–14:15 ET. However, volume has remained relatively muted during the consolidation phase, suggesting limited conviction in either direction. No clear divergence between price and volume was observed during the rebound, providing mixed signals on momentum.

Fibonacci Retracements

Recent swings from 1.144 to 1.185 align with Fibonacci retracement levels, with 1.161 (38.2%) and 1.177 (61.8%) appearing as key psychological levels. Price may find near-term support at 1.151–1.153 and resistance at 1.168–1.170 over the next 24 hours.

AS Roma Fan Token/Tether appears poised to test its 1.168 resistance in the coming days, with potential to break out if volume rises. Traders should watch for a potential retest of 1.144–1.151 support, with risk of further downside if that level fails.