AS Roma Fan Token/Tether Market Overview

• Price surged ~1.2% over 24 hours, closing at 2.472 after forming a bullish harami in the final 15 minutes.
• High volatility seen with a 2.482 high and 2.43 low; Bollinger Bands expanded sharply.
• RSI hovered near 50, indicating balanced momentum; MACD suggested mixed near-term bias.
• Volume spiked at 58,743.3 in the final candle, confirming bullish exhaustion near resistance.

AS Roma Fan Token/Tether (ASRUSDT) opened at 2.464 (12:00 ET − 1), reached a high of 2.496, and settled at 2.472 (12:00 ET) with a 24-hour low of 2.430. Total volume was ~58,743.3 and turnover was ~143,000 Tether. The price action reflected a volatile but consolidating pattern.

The 15-minute chart revealed key support at 2.440–2.445 and resistance at 2.470–2.480, with a bullish harami forming at the close. Doji and long lower shadows appeared frequently in the 0200–0700 ET range, signaling indecision and support testing. A notable bearish engulfing pattern formed during the 0415–0430 ET period as price dropped from 2.474 to 2.443 on high volume.

Bollinger Bands widened significantly during the 0045–0100 ET session, suggesting rising volatility, with price peaking near the upper band before retracing. RSI fluctuated between 50 and 60 for much of the session, showing balanced buying and selling pressure, while MACD oscillated around the zero line, failing to confirm a clear trend.

Volume surged in the final candle, reaching 58,743.3, confirming a bullish reversal near the 2.472 level. However, a divergence appeared between price and RSI in the 0400–0600 ET timeframe—price declined while RSI remained stable—potentially signaling a short-term overbought correction. The 61.8% Fibonacci retracement from the 2.496 high to 2.430 low aligned with the 2.472 close, suggesting a possible consolidation point.

A backtest using a combination of Bollinger Band breakouts and RSI divergence could be effective. Entering long on a close above the upper band and confirming via bullish RSI divergence appears statistically valid given the recent pattern. A short bias could follow a bearish RSI divergence or a break below the 2.440 support level.