Market Overview for AS Roma Fan Token/Tether USDt (ASRUSDT): 2025-09-10 12:00 ET

• • •

• ASRUSDT surged above 2.500 amid high volume, forming a bullish breakout pattern on the 15-minute chart.
• Momentum indicators suggest overbought conditions, with RSI hitting 68, hinting at potential near-term pullback.
• Volatility increased as Bollinger Bands widened, showing a sharp increase in price swings.
• Key resistance at 2.526 and support at 2.490 appear to be critical for short-term price direction.
• Turnover spiked over $140,000 in the last 24 hours, indicating strong interest in the AS Roma Fan Token.

The AS Roma Fan Token/Tether USDt (ASRUSDT) opened at $2.453 on 2025-09-09 at 12:00 ET, reached a high of $2.553, touched a low of $2.443, and closed at $2.493 by 12:00 ET on 2025-09-10. Total volume for the 24-hour period was 408,882.0 ASR, with a notional turnover of approximately $1,027,841. The token displayed a strong bullish momentum, especially after 07:00 ET when a sharp rally pushed prices above key resistance levels.

Structure & Formations

Price action on the 15-minute chart revealed a strong bullish trend characterized by a series of higher highs and higher lows. A key resistance level of $2.526 was tested and briefly breached, while a support level at $2.490 acted as a strong floor. A notable bullish engulfing pattern formed around 08:00 ET, confirming the continuation of upward momentum. A doji appeared at 05:45 ET, signaling potential hesitation before the breakout.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were in bullish alignment, with price consistently trading above both. On the daily chart, the 50-period and 200-period moving averages are converging from a bearish to a neutral stance, suggesting a potential trend reversal.

MACD & RSI

The MACD histogram showed a strong positive divergence, with the fast line crossing above the slow line, reinforcing the bullish bias. RSI moved into overbought territory (above 65) after the 07:00 ET rally, indicating that further gains could be volatile and potentially lead to a corrective pullback.

Bollinger Bands expanded significantly during the morning session, reflecting heightened volatility. Price remained above the 20-period moving average within the upper band for several intervals, a sign of bullish strength.

Volume & Turnover

Trading volume surged significantly during the late morning and early afternoon, particularly between 07:00 and 10:00 ET. Turnover spiked to over $140,000 during the 07:00–08:00 ET period, coinciding with the breakout above $2.500. Price and turnover aligned during the bullish phase, confirming the strength of the move.

Fibonacci Retracements

On the 15-minute chart, key retracement levels at 38.2% ($2.503) and 61.8% ($2.490) were tested. The 61.8% level served as a strong support, halting further downside. A daily move from $2.443 to $2.553 suggests a potential target at the 161.8% extension of $2.637 if the bullish trend continues.

Backtest Hypothesis

The backtest strategy involves entering long positions when price breaks above the 20-period moving average on the 15-minute chart and the RSI confirms oversold conditions. Exit signals are triggered when the RSI enters overbought territory and volume shows signs of divergence. Given ASRUSDT’s recent price action, this strategy could have captured the rally above $2.500. However, the overbought RSI and high volatility suggest that a stop-loss near $2.490 may be prudent to mitigate downside risk.