Market Overview for AS Roma Fan Token/Tether (ASRUSDT): October 10, 2025

• • •

• ASRUSDT opened at $2.26, surged to $2.318, and closed at $2.217, recording a volatile 24-hour range.
• A sharp breakdown from the 2.28–2.29 resistance zone confirmed bearish momentum in afternoon trading.
• Volume spiked to 31,344.5k at 15:45 ET during the final leg down, signaling increased selling pressure.
• RSI hit oversold territory below 30 late in the session, suggesting potential for short-term bounce.
• Bollinger Bands widened during the breakdown, indicating elevated volatility and possible mean reversion.

AS Roma Fan Token/Tether (ASRUSDT) opened at $2.26 on October 9 at 12:00 ET and reached a high of $2.318 before closing at $2.217 on October 10 at 12:00 ET. Total trading volume over the 24-hour period was 199,924.3, with a notional turnover of $455,918.4. The pair exhibited a strong bearish bias following a breakdown from key resistance levels and a divergence in price and momentum indicators.

Structure & Formations

The 15-minute chart displayed a strong bearish structure after the price broke below the 2.28–2.29 resistance range. A significant bearish engulfing pattern formed between 15:00 and 15:45 ET, confirming the breakdown with a 2.246 low. A series of lower highs and lower lows from 20:00 ET onward reinforced the bearish bias. A key support level emerged at $2.215–2.217, where the price found temporary stability in the final candle of the 24-hour window.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed bearishly, confirming the downward trend. On the daily chart, price action closed below both the 50-period and 200-period moving averages, indicating that the bearish momentum is gaining strength over a longer horizon. A cross below the 100-period MA may provide a stronger signal for continuation into the next 24 hours.

MACD & RSI

The MACD indicator showed bearish divergence in the final hours, with the histogram narrowing as price action continued to fall. RSI hit oversold levels below 30 at 16:00 ET, suggesting possible near-term bounce. However, the lack of a strong reversal candle suggests that buyers may be hesitant to step in unless a clear retest of the $2.217 level occurs.

Bollinger Bands

Bollinger Bands expanded significantly during the breakdown from resistance, with price trading near the lower band for much of the afternoon. The expansion of the bands reflects increased volatility and a shift in market sentiment toward risk-off behavior. If price remains below the mid-band, further consolidation below 2.24–2.25 could follow.

Volume & Turnover

Trading volume spiked sharply during the breakdown, with over 31,344.5k traded at 15:45 ET, the largest in the 24-hour period. Notional turnover also saw a strong increase during this period. A divergence between price and volume occurred after the 2.246 low, with volume declining despite continued price pressure. This suggests that the selling may be exhausting, but a retest of the $2.215 level is likely before any meaningful reversal.

Fibonacci Retracements

Applying Fibonacci levels to the 2.217–2.318 swing, the price is currently at 88.6% retraction on the 15-minute chart, suggesting a possible pause or even a temporary bounce. The 61.8% level at $2.252 may act as a key psychological hurdle for further bearish momentum. A retest of the 50% level at $2.268 could provide an opportunity for a counter-trend trade if volume confirms a reversal.

Backtest Hypothesis

A potential backtest strategy for ASRUSDT could involve entering a short position on a confirmed breakdown of the 2.28–2.29 resistance zone with a stop above the 2.298 high, targeting the 2.215–2.217 area based on the bearish engulfing and breakdown pattern observed. RSI and MACD divergence provided additional confirmation for the short setup. A trailing stop could be initiated at the 20-period MA or after a 5% move in favor, depending on volatility. This approach would seek to exploit the continuation of bearish momentum and the current bearish structure on the 15-minute chart.